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of <h1>Official Liquidator Must Take Control of Company's Assets and Records After Winding-Up Order as per Requirement</h1> Upon a winding-up order, the Official Liquidator assigned to the Court must immediately take custody or control of all the company's assets, effects, books, and papers. Individuals holding any of the company's properties, books, or papers are obligated to hand them over to the Official Liquidator.
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