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Section 144 - Insolvency and Bankruptcy Code Act, 2016
144. Fees of bankruptcy trustee.-
(1) A bankruptcy trustee appointed for conducting the bankruptcy process shall charge such fees as may be specified in proportion to the value of the estate of the bankrupt.
(2) The fees for the conduct of the bankruptcy process shall be paid to the bankruptcy trustee from the distribution of the estate of the bankrupt in the manner provided in section 178.
Related Sections
- Section 170: Administration of estate of deceased bankrupt
- Section 193: Member not to participate in meetings in certain cases
- Section 24: Meeting of committee of creditors
- Section 77: Punishment for providing false information in application made by corporate debtor
- Section 90: Directions for compliances of restrictions
Related Acts
* Only for reference.