97. General duties

(1) The administrator of a Company shall on his appointment take custody or control of all the property to which he thinks the Company is entitled.
(2) Subject to subsection (3), the administrator of a Company shall manage its affairs, business and property in accordance with —
(a) any proposals approved under Section 64 (Business and result of initial creditors' meeting);
(b) any revision of those proposals which is made by him and which he does not consider substantial; and
(c) any revision of those proposals approved under Section 65 (Revision of administrator's proposals).
(3) If the Court gives directions to the administrator of a Company in connection with any aspect of his management of the Company's affairs, business or property, the administrator of the Company shall comply with the directions.
(4) The Court may give directions under subsection (3) only if —
(a) no proposals have been approved under Section 64 (Business and result of initial creditors' meeting);
(b) the directions are consistent with any proposals or revision approved under Section 64 (Business and result of initial creditors' meeting) or Section 65 (Revision of administrator's proposals);
(c) the Court thinks the directions are required in order to reflect a change in circumstances since the approval of proposals or a revision under Section 64 (Business and result of initial creditors' meeting) or Section 65 (Revision of administrator's proposals); or
(d) the Court thinks the directions are desirable because of a misunderstanding about proposals or a revision approved under Section 64 (Business and result of initial creditors' meeting) or Section 65 (Revision of administrator's proposals).