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Banking account of the LLP liquidator.

Rule 286 - Rule - LLP - Rule 286 - 286. (1) The liquidator shall open a account of the liquidator called the "Liquidation Account of ………….. LLP" in a Scheduled Bank, into which he shall pay all money received by him as liquidator, and the realization of each day shall be paid into the said account without deduction not later than the next working day of the Bank, provided that the remittance of moneys into the Bank may be deferred until the realization excee .....

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