Section 338

Liquidator to keep books containing proceedings of meetings.— The official liquidator of a company which is being wound up by the Court shall, in order to reflect a correct and fair view of` the administration of the company’s affairs, maintain proper books of accounts and also keep the following books:

(a) register showing the dates at which notices were issued to the creditors and contributories;

(b) minutes book of all proceedings and resolutions passed at any meeting of the contributories or the creditors;

(c) register containing particulars of all transactions and negotiations made by him in relation to the winding up of the company and the connected matters.