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Section 459 of Insolvency Act CAP 53: Power of the Court to delegate its powers to liquidator

    

(1) The insolvency regulations may enable or require all or any of the functions imposed or powers conferred on the Court with respect to the matters specified in subsection (2) to be performed or exercised by the liquidator as an officer of the Court and in accordance with its directions.
(2) The following matters are specified for the purpose of subsection (1)—
(a) the convening and conducting of meetings to ascertain the wishes of creditors and contributories;
(b) the settling of lists of contributories and the rectification of the register of members if required;
(c) the collection and application of the assets;
(d) the payment, delivery, transfer of money, property or documents to the liquidator;
(e) the making of calls;
(f) the fixing of a period within which debts and claims have to be proved.
(3) This section does not authorise the liquidator—
(a) to rectify the company's register of members without the special approval of the Court; or (b) if there is a liquidation committee, to make a call without its approval.

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