https://www.taxtmi.com/acts?id=12862 The liquidator must regard directions of creditors or contributories and, where they conflict with committee directions, creditors' or contributories' directions prevail. The liquidator retains statutory discretion in administering assets and distributing proceeds, may summon meetings to ascertain wishes and must call meetings when directed or requisitioned. The liquidator may apply to the Tribunal for directions on winding-up matters, and any person aggrieved by a liquidator's act or decision may apply to the Tribunal, which may confirm, reverse, modify that act or decision and make further orders. en-us Tue, 17 May 2011 15:56:12 +0530 Tue, 17 May 2011 15:56:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12862 The liquidator must regard directions of creditors or contributories and, where they conflict with committee directions, creditors' or contributories' directions prevail. The liquidator retains statutory discretion in administering assets and distributing proceeds, may summon meetings to ascertain wishes and must call meetings when directed or requisitioned. The liquidator may apply to the Tribunal for directions on winding-up matters, and any person aggrieved by a liquidator's act or decision may apply to the Tribunal, which may confirm, reverse, modify that act or decision and make further orders. Act-Rules Companies Law Tue, 17 May 2011 15:56:12 +0530 https://www.taxtmi.com/acts?id=12862