Article 33 - General duties
Administrator of a Company shall, on his appointment, take into his custody or under his control all the property to which the Company is or appears to be entitled.
Administrator shall manage the affairs, business and property of the Company:
(A) at any time before proposals have been approved (with or without modifications) under Article 39 below, in accordance with the purposes for which the appointment was made and the directions, if any, given by the
QFC Court; and
(B) at any time after proposals have been so approved, in accordance with those proposals as from time to time revised, whether by him or a predecessor of his.
Administrator shall summon a meeting of the Company's creditors if:
(A) he is requested to do so by one-tenth, in value, of the
(B) he is requested to do so by the
QFC Authority; or
(C) he is directed to do so by the
(4) Article 33(2) and (3) shall not apply to an
Administrator appointed under Article 20.