Committee of creditors control in liquidation is expanded through tighter approvals, faster claims handling, and revised sale safeguards. The liquidation framework is amended to strengthen the role of the committee of creditors during liquidation, streamline claim verification and reporting, and tighten controls over sales, valuations, and procedural approvals. The committee continues during liquidation, may recommend the liquidator, approve the liquidator's fee, authorise professionals, and approve specified liquidation decisions, including private sale, disclaimer applications, compromise or arrangement filings, extension of sale consideration timelines, and early dissolution. The liquidator must present progress, costs, legal proceedings status, and other prescribed information to the committee, while the committee gains access to relevant records and may propose replacement of the liquidator by a sixty-six per cent vote.