Powers of directors in a winding-up and dissolution

Upon the commencement of a winding-up and dissolution required under section 97 or permitted under section 98, the directors may onlyInternational Business Companies[CAP. 270 105 (a) authorise a liquidator, by a resolution of directors, to carry on the business of the company if the liquidator determines that to do so would be necessary or in the best interests of the creditors or members of the company; and (b) determine to rescind the articles of dissolution as permitted under section 103.