Facilitator duties ensure communication and representation for sub-class creditors during the insolvency resolution process. Regulation 16D requires the facilitator to ensure communication between the authorised representative and sub-class creditors, attend committee meetings as an observer to facilitate sub-class creditor communication, provide information and clarifications about the insolvency resolution process as advised by the authorised representative, and perform any additional tasks assigned by the committee to improve representation and communication.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Facilitator duties ensure communication and representation for sub-class creditors during the insolvency resolution process.
Regulation 16D requires the facilitator to ensure communication between the authorised representative and sub-class creditors, attend committee meetings as an observer to facilitate sub-class creditor communication, provide information and clarifications about the insolvency resolution process as advised by the authorised representative, and perform any additional tasks assigned by the committee to improve representation and communication.
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