The soldier recieving the knighthood has had his surcoat torn at the left shoulder and is holding it up with his right hand. Wether a Bailiff (Vogt) could give someone the titel of knight I´m not sure..
The set Comes with a set of gloves and a helmet A servant (of the "king") and a knight reading out the deeds for which the soldier is being knighted. Judging by the fact that the Vogt has one arm in a sling, maybe the kneeling knight saved him during battle.