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    <title>Powers and duties of Company Liquidator</title>
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    <description>Section 290 empowers the Company Liquidator, subject to the Tribunal&#039;s directions and control, to carry on the company&#039;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.</description>
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    <pubDate>Sat, 02 Mar 2013 14:57:33 +0530</pubDate>
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      <title>Powers and duties of Company Liquidator</title>
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      <description>Section 290 empowers the Company Liquidator, subject to the Tribunal&#039;s directions and control, to carry on the company&#039;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.</description>
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