Can an IPE raise invoices for the services rendered by Partners as Resolution Professional / Interim Resolution Professionals?

ResBazz

Administrator
Can an IPE raise invoices for the services rendered by Partners as Resolution Professional / Interim Resolution Professionals?

As per IBBI circular dated 6th July, 2018, an IPE’s sole objective is to provide support services to the insolvency Professionals, who are its partners or directors, as the case may be. As per our understanding, raising invoices in the name of an IPE for the services rendered by Partners as Resolution Professional / Interim Resolution Professionals is covered under support services.
 

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