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of <h1>Resolution Professional Oversees Repayment Plan Under Insolvency Code, Can Seek Directions from Adjudicating Authority for Specific Issues.</h1> The resolution professional, appointed under sections 97 or 98 of the Insolvency and Bankruptcy Code, 2016, is responsible for supervising the implementation of the repayment plan. If necessary, the resolution professional can seek directions from the Adjudicating Authority regarding specific issues related to the repayment plan. The Adjudicating Authority is empowered to provide such directions based on the application submitted by the resolution professional. These provisions came into effect on December 1, 2019.
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