Control over liquidators

(1) When a person, other than the Official Receiver, is appointed liquidator, the Official Receiver shall take cognisance of the conduct of liquidators of companies which are being wound-up by the court, and, if a liquidator does not faithfully perform his duties and duly observe all the requirements imposed on him by this Act, rules or otherwise with respect to the performance of his duties, or if any complaint is made to the Official Receiver by any creditor or contributory in regard thereto, the Official Receiver shall inquire into the matter, and take such action thereon as he may think expedient. (2) The Official Receiver may at any time require any liquidator of a company which is being wound-up by the court to answer any inquiry in relation to any winding-up in which he is engaged, and may, if he thinks fit, apply to the court to examine the liquidator or any other person on oath concerning the winding-up. (3) The court may also direct a local investigation to be made of the books and vouchers of the liquidator.