Section 9(1)(b) in Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016
(b)submits an application for registration in Form A of the Second Schedule to these Regulations to the insolvency professional agency with which he is enrolled on or before 31st December, 2016 along with a non-refundable application fee of five thousand rupees which shall be collected by such insolvency professional agency on behalf of the Board.