Regulation 31A of the IBBI (Liquidation Process) Regulations, 2016 mandates constitution of Stakeholders' Consultation Committee by the Liquidator, comprising of all creditors of the corporate debtor. List the matters it

Regulation 31A of the IBBI (Liquidation Process) Regulations, 2016 mandates constitution of Stakeholders' Consultation Committee by the Liquidator, comprising of all creditors of the corporate debtor, within sixty days from the liquidation commencement date, based on the list of stakeholders prepared under regulation 31, to advise him on matters remuneration of professionals appointed under regulation 7; sale under regulation 32, including manner of sale, pre-bid qualifications, reserve price, marketing strategy and auction process.; fees of the liquidator; valuation under sub-regulation (2) of regulation 35; the manner in which proceedings in respect of preferential transactions, undervalued transaction, extortionate credit transaction or fraudulent or wrongful trading, if any, shall be pursued after closure of liquidation proceedings and the manner in which the proceeds, if any, from these proceedings shall be distributed; review of marketing strategy in case of failure of sale of corporate debtor as a going concern; continuation or institution of any suits or legal proceedings by or against the corporate debtor; extension of payment of balance sale consideration as provided in clause (12) of Para 1 of Schedule I, beyond ninety days, to be disclosed in the auction notice.