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of <h1>Section 282: Tribunal powers on winding up timelines, going concern sale, investigations into fraud, and protective asset measures</h1> Section 282 empowers the Tribunal, upon considering the Company Liquidator's report, to fix or revise the time limit for completion of winding up and dissolution where continuation is not advantageous or economical. It may, after hearing the Liquidator, creditors, contributories or interested persons, order the sale of the company as a going concern or sale of its assets, and may appoint a sale committee to assist. On receiving a fraud report, it must order investigation and, based on the findings, issue directions under sections 339-342 or direct filing of criminal complaints. The Tribunal may also order measures to protect, preserve, or enhance asset value and issue any further orders it considers appropriate.
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