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of <h1>Regulation 16D: Facilitators Enhance Communication in Corporate Insolvency Resolution, Aid Creditors, Attend Meetings, Clarify Information</h1> Regulation 16D of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, outlines the roles and responsibilities of facilitators in the insolvency resolution process. Facilitators are tasked with aiding communication between the authorized representative and creditors of a sub-class, attending committee meetings as observers to enhance communication, providing information and clarifications to creditors as advised by the authorized representative, and performing any additional tasks assigned by the committee to improve representation and communication.
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