law: Co-Operative Societies Act 2008 
  169.
  
  Powers of liquidator
  1.      The liquidator may,
  
  in the course of his duties as liquidator—
  a.     
  
    retain
  
  attorneys-a-law, accountants, engineers, appraisers and other professional
  
  advisors;
  b.    
  
    bring,
  
  defend or take part in any civil, criminal or administrative action or
  
  proceeding in the name and on behalf of the society;
  c.     
  
    carry
  
  on the business of the society as required for an orderly liquidation;
  d.    
  
    sell
  
  by public auction or private sale any property of the society;
  e.     
  
    do
  
  all acts and execute any documents in the name and on behalf of the society;
  f.     
  
    borrow
  
  money on the security of the property of the society;
  g.    
  
    settle
  
  or compromise any claims by or against the society; and
  h.     
  
    do
  
  all other things that he considers necessary for the liquidation of the society
  
  and distribution of its property.
  1.      
  2.      Where a liquidator
  
  has reason to believe that any person has in his possession or under his
  
  control or has concealed, withheld or misappropriated any property of the
  
  society, he may apply to the Court for an order requiring that person to appear
  
  before the Court at the time and place designated in the order and to be
  
  examined.
  3.      Where the examination
  
  mentioned in subsection (2) discloses that a person has concealed, withheld or
  
  misappropriated property of the society, the Court may order that person to
  
  restore the property or pay compensation to the liquidator on behalf of the
  
  society.
  4.      Subject to the
  
  approval of the Registrar, no liquidator shall purchase, directly or
  
  indirectly, any part of the stock-in-trade, debts or assets of the society.