https://www.taxtmi.com/acts?id=48567 Committee of creditors may direct the interim resolution professional or resolution professional to appoint an independent insolvency professional as facilitator for a creditor sub-class where a sub-class, after the committee's first meeting, requests inclusion of an agenda item with the proposed facilitator's name; total number of facilitators is capped, the facilitator's fee is a prescribed proportion of the authorised representative's fee and is part of the insolvency resolution process cost, and the facilitator may be replaced on recommendation of a majority of the sub-class. en-us Wed, 05 Feb 2025 12:20:56 +0530 Wed, 05 Feb 2025 12:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48567 Committee of creditors may direct the interim resolution professional or resolution professional to appoint an independent insolvency professional as facilitator for a creditor sub-class where a sub-class, after the committee's first meeting, requests inclusion of an agenda item with the proposed facilitator's name; total number of facilitators is capped, the facilitator's fee is a prescribed proportion of the authorised representative's fee and is part of the insolvency resolution process cost, and the facilitator may be replaced on recommendation of a majority of the sub-class. Act-Rules IBC Wed, 05 Feb 2025 12:20:56 +0530 https://www.taxtmi.com/acts?id=48567