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Home Acts & Rules Companies Law Rules Companies (Winding Up) Rules, 2020 Chapters List INVESTMENT OF SURPLUS FUNDS This
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Rule 86 - Investment of surplus funds - Companies (Winding Up) Rules, 2020

Extract

..... INVESTMENT OF SURPLUS FUNDS 86. Investment of surplus funds.- (1) All such money for the time being standing to the credit of the Company Liquidator at the bank as is not immediately required for the purposes of winding up, shall be invested in Gover .....

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Rule 86 - Investment of surplus funds - Companies (Winding Up) Rules, 2020

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..... quidator shall carry out the due diligence to assess whether a higher rate of interest is available in any other scheduled bank and the said Liquidator shall report the conclusion of such due diligence to the Tribunal, and in the event a higher rate .....

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Rule 86 - Investment of surplus funds - Companies (Winding Up) Rules, 2020

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