COMPANIES ACT, 1929

663
(g) to appoint an agent to do any business which the liquidator
is unable to do himself:
to do all such other things as may be necessary for winding
up the affairs of the company and distributing its assets.
(3) The exercise by the liquidator in a winding up by the court
of the powers conferred by this section shall be subject to the control
of the court, and any creditor or contributory may apply to the
court with respect to any exercise or proposed exercise of any of
those powers.
(4) In the case of a winding up in Scotland, the court may pro-
vide by any order that the liquidator may, where there is no com-
mittee of inspection, exercise any of the powers mentioned in para-
graph (a) or paragraph (b) of subsection (1) of this section without
the sanction or intervention of the court.

(5) In a winding up by the court in Scotland, the liquidator
shall, subject to general rules, have the same powers as a trustee on
a bankrupt estate.

192.—(1) Subject to the provisions of this Act, the liquidator
of a company which is being wound up by the court in England
shall, in the administration of the assets of the company and in the
distribution thereof among its creditors, have regard to any directions
that may be given by resolution of the creditors or contributories at
any general meeting, or by the committee of inspection, and any
directions given by the creditors or contributories at any general
meeting shall in case of conflict be deemed to override any directions
given by the committee of inspection.

(2) The liquidator may summon general meetings of the
creditors or contributories for the purpose of ascertaining their
wishes, and it shall be his duty to summon meetings at such times
as the creditors or contributories, by resolution, either at the meeting
appointing the liquidator or otherwise, may direct, or whenever
requested in writing to do so by one-tenth in value of the creditors
or contributories as the case may be.

(3) The liquidator may apply to the court in manner prescribed
or directions in relation to any particular matter arising under the
winding up.

(4) Subject to the provisions of this Act, the liquidator shall
use his own discretion in the management of the estate and its dis-
tribution among the creditors.

(5) If any person is aggrieved by any act or decision of the
liquidator, that person may apply to the court, and the court may
confirm, reverse, or modify the act or decision complained of, and
make such order in the premises as it thinks just.

193. Every liquidator of a company which is being wound up by
the court in England shall keep, in manner prescribed, proper books
in which he shall cause to be made entries or minutes of proceedings

Exercise and
control of
igquidator’s
powers in
England.

Books to be kept
by liquidator in
England.