Article 50 of Bankruptcy Law

The Bankruptcy Judge may, on the Judge’s own initiative or upon the application of the debtor or the Bankruptcy Committee, charge the Bankruptcy Committee with nominating one or more monitors—from among the persons who may perform the duties of trustees under this Law—and determining their fees, and shall issue a decision appointing them and approving their fees. The monitor shall prepare a report on the progress of the proceedings if the Bankruptcy Judge so requests, without intervening in the proceedings. The provisions of Articles 37, 49, 39 of this Law shall apply to the monitor. Inspector