SCHEDULE 1: Powers of Liquidator and Administrator

1. Power to pay any class of creditors in full.
2. Power to make any compromise or Arrangement with creditors or persons claiming to be creditors, or having or alleging themselves to have any claim (present or future, certain or contingent, ascertained or sounding only in damages) against the Company, or whereby the Company may be rendered liable.
3. Power to compromise, on such terms as may be agreed:
(A) all calls and liabilities to calls, all debts and liabilities capable of resulting in debts, and all claims (present or future, certain or contingent, ascertained or sounding only in damages) subsisting or supposed to subsist between the Company and a shareholder or other person liable to contribute to the assets of the Company or person alleged to be such or other debtor of the Company; and
(B) all questions in any way relating to or affecting the assets, the administration or the Liquidation of the Company, and take any security for the discharge of any such call, debt, liability or claim and give a complete discharge in respect of it.
4. Power to bring or defend any action or other legal proceeding in the name and on behalf of the Company.
5. Power to carry on the business of the Company so far as may be necessary for its beneficial Administration or Liquidation.
6. Power to sell any of the Company's property by public auction or private contract with power to transfer the whole of it to any person or to sell the same in parcels.
7. Power to do all acts and execute, in the name and on behalf of the Company, all deeds, receipts and other documents and for that purpose to use, when necessary, the Company's seal.
8. Power to prove, rank and claim in the bankruptcy, insolvency or sequestration of any shareholder or other person liable to contribute to the assets of the Company and to receive dividends in that bankruptcy, insolvency or sequestration as a separate debt due from the bankrupt or insolvent, and rateably with the other separate creditors.
9. Power to draw, accept, make and endorse any bill of exchange or promissory note in the name and on behalf of the Company, with the same effect with respect to the Company's liability as if the bill or note had been drawn, accepted, made or endorsed by or on behalf of the Company in the course of its business.
10. Power to raise money on the security of the assets of the Company.
11. Power to take out in his official name authorisation to administer the estate of any deceased shareholder or other person liable to contribute to the assets of the Company, and to do in his official name any other act necessary for obtaining payment of any money due from such person's estate which cannot conveniently be done in the name of the Company.

In all such cases the money due is deemed, for the purpose of enabling the Administrator or Liquidator to administer the estate of a deceased person or recover the money, to be due to the Administrator or Liquidator himself.
12. Power to appoint an agent to do any business which the Administrator or Liquidator is unable to do himself.
13. Power to summon a person to be examined before the QFC Court concerning the affairs of the Company.
14. Power to direct an officer of the Company to deliver to the Administrator or Liquidator all books and records in the officer's possession that relate to the Company or to advise the Administrator or Liquidator of the whereabouts of any such book or record.
15. Power to direct an officer of the Company to give to the Administrator or Liquidator such information about the Company's business, property, affairs and financial circumstances as the Liquidator may require.
16. Power to direct an officer of the Company to attend upon the Administrator or Liquidator to provide books and records, information, or other assistance as the Administrator or Liquidator may reasonably require.
17. Power to call any meeting of the members or creditors of the Company.
18. Power to do all such other things as may be necessary for the administration of the Company or for the winding up the Company's affairs and distributing its assets.