(1) Where the Bank is of the opinion that it is in the public interest to do so or in the interests of the proper and orderly regulation of investment limited partnerships, or that any of the requirements for authorising an investment limited partnership are no longer satisfied, or that the investment limited partnership, depositary or the general partner -
(a) has become or is likely to become unable to meet his obligations to his creditors, or
(b) has contravened this Act, or has failed to comply with any condition or requirement imposed under this Act by the Bank on the depositary or the general partner, or in purported compliance with any such provision, has furnished the Bank with false, inaccurate or misleading information, or
(c) is not maintaining adequate capital resources having regard to the volume and nature of its business, or
(d) no longer complies with the capital or other financial requirements imposed by the Bank from time to time,
the Bank may give a direction in writ
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