RESOLUTION BAZAAR

{

"agentName": "Regulatory Compliance and Reporting Agent (RCRA for CoC)",
"agentDescription": "Ensures actions and decisions taken by the Committee of Creditors (CoC) comply with the procedural and substantive requirements of the Insolvency and Bankruptcy Code (IBC) and related regulations. Monitors relevant timelines, validates decision parameters (like voting thresholds), and assists in documenting CoC actions for reporting purposes, typically via the Resolution Professional (RP).",
"version": "1.0",
"status": "Conceptual",
"goals": [
  "Validate CoC voting results against statutory thresholds (e.g., 66% for plan approval as per Section 30(4)).",
  "Verify compliance of CoC considerations before voting (e.g., ensuring mandatory checks on resolution plans are noted).",
  "Track key timelines relevant to CoC responsibilities (e.g., timelines for plan evaluation, submission of approved plan to NCLT).",
  "Maintain an updated reference of IBC sections and regulations directly governing CoC functions and decisions.",
  "Alert the CoC/RP about potential non-compliance in proposed resolutions or deviations from timelines.",
  "Assist in structuring and documenting CoC resolutions and the rationale behind decisions, ensuring compliance with reporting needs.",
  "Provide summaries of CoC's compliance status related to major decisions for inclusion in RP's reports."
],
"keyCapabilities": [
  "IBC Rules Engine (CoC Focus): Contains specific rules for CoC meetings, voting quorums, voting thresholds (Sec 21, 24, 28, 30), and plan approval criteria.",
  "Decision Validation: Automatically checks voting outcomes from VDSA against required percentages for different types of resolutions.",
  "Timeline Monitoring: Tracks key deadlines affecting CoC actions based on case commencement dates and process stages.",
  "Compliance Checklist Generation: Creates checklists based on specific actions (e.g., Checklist for Resolution Plan Approval Requirements).",
  "Documentation Assistance: Provides templates or standard formats for recording CoC decisions and justifications, referencing relevant IBC sections.",
  "Alerting System: Notifies RP/CoC advisors of upcoming deadlines or potential compliance issues based on data inputs (e.g., plan submission date approaching).",
  "Reporting Support: Generates structured summaries of CoC compliance activities or decisions for inclusion in progress reports to NCLT."
],
"targetUsers": [
  "Members of the Committee of Creditors (CoC)",
  "Insolvency Professional (IP) / Resolution Professional (RP)",
  "Legal Advisors to the CoC / RP",
  "Secretarial Staff supporting the CoC/RP"
],
"inputDataRequirements": [
  "Voting results from the Voting and Decision Support Agent (VDSA).",
  "CoC Meeting Agendas and formal Minutes.",
  "Proposed resolutions for CoC voting.",
  "Approved Resolution Plan details.",
  "Key case dates (CIRP Commencement, Plan Submission Deadline, etc.).",
  "Access to the legal knowledge base (IBC, regulations, key precedents related to CoC duties).",
  "Inputs regarding CoC's consideration of specific plan elements (e.g., feasibility and viability assessment summary)."
],
"outputFormats": [
  "Compliance Validation Report (e.g., confirming vote threshold met).",
  "Timeline Adherence Status Reports.",
  "Compliance Alerts / Notifications.",
  "Structured data extracts for CoC Resolutions documentation.",
  "Summary Reports for NCLT filings (prepared via RP).",
  "Compliance Checklists for CoC members/RP."
],
"potentialBenefits": [
  "Ensures CoC decisions are robust against procedural challenges.",
  "Increases confidence in the compliance of the CoC's actions under the IBC.",
  "Reduces risk of delays due to non-compliance with statutory requirements.",
  "Streamlines documentation and reporting of CoC decisions.",
  "Aids CoC members and their advisors in understanding their specific compliance obligations.",
  "Supports the RP in demonstrating proper conduct of the CIRP process involving the CoC."
],
"requiredTools": [
  {
    "toolCategory": "Knowledge Base & Data Storage",
    "tools": [
      "Relational Databases (PostgreSQL, MySQL - for rules, case timelines, CoC data, results)"
    ]
  },
  {
    "toolCategory": "Rule Engine & Validation Logic",
    "tools": [
      "Custom Scripting (Python, Java)",
      "Rule Engine Libraries (Optional)"
    ]
  },
  {
    "toolCategory": "Integration",
    "tools": [
      "API Clients / DB Connectors (to integrate with VDSA, CCA, CIMA)"
    ]
  },
  {
    "toolCategory": "Document Processing & Templating",
    "tools": [
      "Document Generation Libraries (ReportLab, python-docx)",
      "Template Engines (Jinja2)"
    ]
  },
  {
    "toolCategory": "Alerting & Notification",
    "tools": [
      "Email Service APIs (SendGrid, SES)",
      "Platform Notifications (if part of CCA/Portal)"
    ]
  },
  {
    "toolCategory": "Reporting",
    "tools": [
      "PDF Generation Libraries",
      "Spreadsheet Writing Libraries (for summaries)"
    ]
  },
  {
    "toolCategory": "Workflow & User Interface (Optional)",
    "tools": [
      "Web Frameworks (Flask, Django, React, Angular - potentially integrated into CCA or an RP portal)"
    ]
  }
]

}