Clause 351 - Liquidator not to deposit monies into private banking account. - COMPANIES BILL, 2011
COMPANIES BILL, 2011
Chapter XX - Part III
Provisions applicable to every mode of winding up
Contents
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.