law: Companies Act, 2013 
  287.
  
    Advisory
  
  committee.
  1.      The Tribunal may,
  
  while passing an order of winding up of a company, direct that there shall be,
  
  an advisory committee to advise the Company Liquidator and to report to the
  
  Tribunal on such matters as the Tribunal may direct.
  2.      The advisory
  
  committee appointed by the Tribunal shall consist of not more than twelve
  
  members, being creditors and contributories of the company or such other
  
  persons in such proportion as the Tribunal may, keeping in view the
  
  circumstances of the company under liquidation, direct.
  3.      The Company
  
  Liquidator shall convene a meeting of creditors and contributories, as
  
  ascertained from the books and documents, of the company within thirty days
  
  from the date of order of winding up for enabling the Tribunal to determine the
  
  persons who may be members of the advisory committee.
  4.      The advisory
  
  committee shall have the right to inspect the books of account and other
  
  documents, assets and properties of the company under liquidation at a
  
  reasonable time.
  5.      The provisions relating
  
  to the convening of the meetings, the procedure to be followed thereat and
  
  other matters relating to conduct of business by the advisory committee shall
  
  be such as may be prescribed.
  6.      The meeting of
  
  advisory committee shall be chaired by the Company Liquidator.