Interim administrator appointment enables creditor inquiry and asset-preservation measures leading to potential management takeover for company rehabilitation. The Tribunal was required to appoint an interim administrator to convene a creditors' meeting to consider particulars, any draft scheme and other material, and to report on the feasibility of revival and rehabilitation; the Tribunal could give directions to protect assets and, where no draft scheme was filed, direct the interim administrator to take over management with incumbent directors obliged to cooperate.