Cap. 386 Art. 263Liquidator may exercise certain powers of court.

The powers conferred and the duties imposed on the court by this Act in respect of the following matters -

(a) the holding and conduct of meetings to ascertain the wishes of creditors and contributories;

(b) the drawing up of lists of contributories and the rectification of the register of members, if required, and the collection and application of assets;

(c) the payment, delivery, conveyance, surrender or transfer of money, property, accounting records or documents to the liquidator;

(d) the making of calls;

(e) the fixing of a time within which debts and claims must be proved;

may, subject to the provisions of this article or any other provision of this Act, be exercised or performed by the liquidator, subject to the control of the court:

Provided that the liquidator shall not, without the special leave of the court, rectify the register of members and shall not make any call without either the special leave of the court or the sanction of the liquidation committee.