no signs of malfeasance in ocv undoing, page-4

I'm a PIF unit holder.

Of course CS is going to say:

there are no signs of maleasance

and

liquidation is the worst option.

Duh. He wants to keep the company going. (He's campaigning)Duh.

Answer me this: does granting a wind-up order necessarily lead to liquidation? Or can the creditors take control of the assets? (Taking all the upside for themselves to recoup losses and dispensing with existing shareholders)