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of <h1>Committee Meetings in Corporate Insolvency: Mandatory Quarterly Sessions with Flexible Participation and Observer Engagement</h1> The regulation governs meetings of the committee during corporate insolvency resolution process. It mandates that a resolution professional must convene a committee meeting within thirty days of the last meeting, with at least one quarterly meeting. The professional can call a meeting upon request from committee members representing at least thirty-three percent of voting rights. The regulation allows inviting external parties like real estate authorities and interim finance providers as observers without voting rights, ensuring comprehensive deliberation during the insolvency resolution process.
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