Powers of company administrator require inventories, creditor lists, valuations and employee dues reporting to enable corporate revival.

The company administrator was required to prepare a comprehensive inventory of assets, liabilities and records; separate lists of shareholders and creditors distinguishing secured and unsecured creditors; valuation reports and reserve price estimates for sales, leases or share exchanges; proforma accounts if audited accounts were unavailable; and a list of workmen with their dues to support transparency and decision-making in revival and rehabilitation proceedings.

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