Regulation 16D - Roles and responsibilities of the facilitator - Insolvency and Bankruptcy Board of India (Insolvency Resolution Process For Corporate Persons) Regulations, 2016

1 [16D. Roles and responsibilities of the facilitator. The roles and responsibilities of the facilitator(s) shall include the following:- (a) facilitating communication between the authorised representative and the creditors of the sub-class; (b) attending the meetings of the committee, as observers, to facilitate communication between creditors of the respective sub-class; (c) providing information and clarifications to the creditors in a sub-class about the insolvency resolution process, as per advice of the authorised representative; and (d) any other tasks assigned by the committee to improve representation and communication. ] ************** NOTES:- 1 . Inserted vide F. No. IBBI/2024-25/GN/REG122 dated 03-02-2025