(1) In order to perform the duties imposed on him or her pursuant to section 92, a liquidator has all powers of the international general partners including but not limited to the power —
(a) to take custody of the assets of the international limited partnership and in connection therewith, to register any property of the international limited partnership in the name of the liquidator or that of his or her nominee;
(b) to sell any assets of the international limited partnership at public auction or by private sale without any notice;
(c) to collect the debts and assets due or belonging to the international limited partnership;
(d) to borrow money from any person for any purpose that will facilitate the winding-up and dissolution of the international limited partnership and to pledge or mortgage any property of the international limited partnership as security for any such borrowing;
(e) to negotiate, compromise and settle any claim, debt, liability or obligation of the international limited partnership;
(f) to prosecute and defend, in the name of the international limited partnership or in the name of the liquidator or otherwise, any action or other legal proceedings;
(g) to retain solicitors, accountants and other advisers and appoint agents;
(h) to carry on the business of the international limited partnership, if the liquidator has received authorization to do so in the plan of liquidation or by the international general partners as permitted pursuant to section 89, as the liquidator may determine to be necessary or to be in the best interests of the creditors or the international partners;
(i) to execute any contract, agreement or other instrument in the name of the international limited partnership or in the name of the liquidator; and
(j) to make any distribution in money or in other property or partly in each, and if in other property, to allot the property, or an undivided interest therein, in equal or unequal proportions.
(2) Notwithstanding paragraph (h) of subsection (1), a liquidator shall not without the permission of the court carry on for a period in excess of 2 years the business of an international limited partnership that is being wound-up and dissolved pursuant to this Act.