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All money to be paid into Scheduled Bank.

Rule 252 - Rule - LLP - Rule 252 - BANKING ACCOUNT OF THE LIQUIDATOR 252. (1) The Liquidator shall pay into the Public Account of India or the designated Scheduled bank (hereinafter referred to as the Bank) to the credit of an account in his Official .....

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deferred until the realizations exceed rupees one thousand. All payments out of the account by the Liquidator above rupees one thousand shall ordinarily be made by cheques drawn against the said account: Provided that in the case of liquidator appoi .....

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