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[Cites 0, Cited by 0] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(23C) in Insolvency And Bankruptcy Code, 2016

(23C)"pre-packaged insolvency resolution process costs" means -
(a)the amount of any interim finance and the costs incurred in raising such finance;
(b)the fees payable to any person acting as a resolution professional and any expenses incurred by him for conducting the pre-packaged insolvency resolution process during the pre-packaged insolvency resolution process period, subject to sub-section (6) of section 54F;
(c)any costs incurred by the resolution professional in running the business of the corporate debtor as a going concern pursuant to an order under sub-section (2) of section 54J;
(d)any costs incurred at the expense of the Government to facilitate the pre-packaged insolvency resolution process; and
(e)any other costs as may be specified;