(1) At the report meeting, the insolvency administrator is to report on the debtor’s economic situation and its causes. The insolvency administrator is to assess any prospects of maintaining the debtor’s enterprise as a whole or in part, to indicate any possibility of drawing up an insolvency plan and describe the effects of each solution on the satisfaction of the creditors.
(2) The debtor, the creditors’ committee, the works council and the representative body for executive staff are to be given the opportunity at the report meeting to submit their comments on the administrator’s report. If the debtor is a trader, craftsman or farmer, the competent official professional representative body of industry, trade, the craft or of agriculture may also be given the opportunity to express their views at the report meeting.