The Companies Act, 2013
Chapter– XX Winding Up
Part III- Provision applicable to every mode of winding up
Section 351: Liquidator not to deposit monies into private banking account.
*351. Neither the Official Liquidator nor the Company Liquidator of a company shall deposit any monies received by him in his capacity as such into any private banking account.
*Effective from 15.12.2016.
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