Preservation of records requires liquidators to keep complete liquidation files securely and produce or transfer them as required. The liquidator must preserve complete electronic and physical records that account for the liquidation process - including appointment terms, takeover records, admission into liquidation, consultation committee minutes, claims and their verification, engagement and reports of professionals, filings and orders with judicial and regulatory bodies, statutory reports and registers, particulars of suspect transactions, and any other materials necessary to give a full account - retain electronic and physical copies for prescribed minimum periods from dissolution or final conclusion of proceedings, securely store them, produce them on demand, and hand them over on replacement or upon going-concern sale as required.