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of <h1>Liquidator Must Secure All Company Assets and Documents Upon Winding Up Order; Magistrate Can Assist Under Section 456.</h1> Upon the issuance of a winding up order or the appointment of a provisional liquidator, the liquidator is responsible for taking custody or control of all the company's property, effects, and actionable claims. The liquidator may request the Chief Presidency Magistrate or District Magistrate to assist in taking possession of these assets, including any company documents. The magistrate can take necessary actions, including using force, to ensure compliance. All company property is considered under the Tribunal's custody from the date of the winding up order.
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