(1) If in the course of an examination under section 245 it appears to the court that any person being examined -
(a) is indebted to the company, or
(b) has in his possession or control any money, property or books and papers of the company,
the court may, of its own motion or on the application of the Director, order such person -
(i) to pay to the liquidator the amount of the debt or any part thereof, or
(ii) to pay, deliver, convey, surrender or transfer to the liquidator such money, property or books and papers or any part thereof,
as the case may be, at such time and in such manner and on such terms as the court may direct.
(2) Where the court has made an order under subsection (1), it may, on the application of the Director or the liquidator, make a further order permitting the applicant, accompanied by such persons as the applicant thinks appropriate, to enter at any time or times within one month from the date of issue of the order, any premises (including a dwelling) owne