(1) The Court may order that, on and after a specified day, a controller of property of a corporation:
(2) However, the Court may only make an order under subsection (1) if satisfied that the objectives for which the controller was appointed, or entered into possession or took control of property of the corporation, as the case requires, have been achieved, so far as is reasonably practicable, except in relation to any property specified in the order under paragraph (1)(b). (3) For the purposes of subsection (2), the Court must have regard to:
(4) The Court may only make an order under subsection (1) on the application of a liquidator appointed for the purposes of winding up the corporation in insolvency. (5) An order under subsection (1) may also prohibit the holder of the charge from doing any or all of the following, except with the leave of the Court: