Power to make winding up rules enables comprehensive regulation of company liquidation procedures and related creditor processes. The Central Government has power to make rules, consistent with the Code of Civil Procedure, for all matters relating to the winding up of companies, including procedural modes before the Tribunal, voluntary winding up, meetings of creditors and members, effecting capital reduction provisions, applications to the Tribunal, ascertaining wishes of creditors and contributories, settling contributory lists and rectifying registers, collecting and applying assets, transfer of company property and records to the liquidator, making calls, and fixing times for proving debts and claims.