Advisory committee for company winding up may be appointed to advise the liquidator and inspect company records. The Tribunal may direct establishment of an advisory committee to advise the Company Liquidator and report on matters specified by the Tribunal. The committee may have up to twelve members drawn from creditors, contributories or other persons in proportions the Tribunal directs. The Company Liquidator must convene a meeting of creditors and contributories within thirty days of the winding up order to determine committee membership. The committee has the right to inspect books, documents, assets and properties of the company at a reasonable time, meetings are governed by prescribed procedures, and the Company Liquidator shall chair the meetings.