Company liquidator empowered to manage business, sell assets, settle claims, engage professionals, and seek Tribunal directions. Section 290 empowers the Company Liquidator, subject to the Tribunal's directions and control, to carry on the company's business for beneficial winding up; execute documents; sell company property and the undertaking as a going concern; raise money on assets; conduct or defend legal proceedings; invite and settle claims and distribute proceeds by statutory priority; inspect official records; prove contributory claims; draw negotiable instruments; take out letters of administration when necessary; engage professionals or agents; and apply to the Tribunal for necessary orders or directions.