Malaysia legislation
Section 43
Section 43
A liquidator shall exdreise his powers subject to the control and revision of the Registrar, who may—
(a)
rescind or vary any order made by a liquidator and make whatever new order is required;
(b)
remove a liquidator from office;
(c)
call for all books, documents and assets of the society;
(d)
by order in writing limit the powers of a liquidator under section 42 of this Ordinance;
(e)
require accounts to be rendered to him by the liquidator;
(f)
procure the auditing of the liquidator's accounts and authorise the distribution of the assets of the society;
(g)
make an order for the remuneration of the liquidator, which remuneration shall be included in the costs of liquidation and shall be payable out of the assets in priority to all other claims.
(h)
refer any subject of dispute between a liquidator and any third party to arbitration if that party shall have consented in writing to be bound by the decision of the arbitrator.