March 20, 2026
Submitted By: Vaibhav Tripathi
Clarification- computation of fee payable for delay in filings under regulation 40B of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
This IBBI circular clarifies that late fees for filing Form 40B are calculated from October 1, 2020, or the due date, whichever is later. Excess fees paid due to technical glitches, double payments, or calculation errors will be refunded.
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