Which role involves overseeing the administration process and representing creditors?

The role that involves overseeing the administration process and representing creditors is accurately identified as the Creditor's Committee. This committee is primarily tasked with ensuring that the interests of the creditors are represented during the administration of a distressed company.

The Creditor's Committee plays a vital role in bankruptcy proceedings or insolvency situations, where it engages with the administrators or liquidators to make decisions regarding the direction of the administration, such as approval of plans to maximize the return to creditors. Their involvement is essential to ensure that the administration process aligns with the creditors' interests, providing oversight on how the assets of the company are being handled and how distributed claims will be managed.

The other roles serve different functions: the Administrative Receiver is typically appointed to take control of the assets of a company for the benefit of a specific secured creditor, acting on their behalf rather than representing the broader group of creditors. A Fixed Charge Receiver is appointed specifically to realize assets subject to a fixed charge, operating in the interest of the lender. The Company Director, meanwhile, is responsible for the management of the company itself and does not represent creditors in the context of insolvency. Thus, the functions and objectives of the Creditor's Committee distinctly align with overseeing administration from the creditors' perspective.