When supervising the implementation of the plan, the Trustee shall take the following measures: 1. Monitor the progress of the plan and notify the Bankruptcy Department and the Unit, where the debtor is supervised by the regulatory authority, of any failure to implement the same. 2. Ensure that the sale of any of the debtor's assets that are decided to be sold in accordance with the plan shall be made at the best price depending on the prevailing market conditions on the date of sale and that the proceeds of the sale shall be exploited in the manner stated in the plan. 3. If the debtor is subject to a regulatory authority, it shall submit to the Bankruptcy Department and Unit a report on the progress of implementing the plan on a three-monthly basis, and any creditor has the right to obtain a copy of this report.
Interpretation and application must be checked against the official text and current version.
