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..... ion 254, the Tribunal shall, not later than seven days from such receipt,- (a) fix a date for hearing not later than ninety days from date of its receipt; (b) appoint an interim administrator to convene a meeting of creditors of the company in accordance with the provisions of section 257 to be held not later than forty-five days from receipt of the order of the Tri .....

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..... rim administrator as the Tribunal may consider necessary to protect and preserve the assets of the sick company and for its proper management. (2) Where an interim administrator has been directed to take over the management of the company, the directors and the management of the company shall extend all possible assistance and cooperation to the interim administrator to manage the affair .....

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