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All money to be paid in to bank account

Regulation 34 - Regulation - PROCEEDS OF LIQUIDATION AND DISTRIBUTION OF PROCEEDS - Insolvency and Bankruptcy - Regulation 34 - CHAPTER VII PROCEEDS OF LIQUIDATION AND DISTRIBUTION OF PROCEEDS 34. (1) The liquidator shall open a bank account in the n .....

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lation (1) all moneys, including cheques and demand drafts received by him as the liquidator of the corporate person, and the realizations of each day shall be deposited into the bank account without any deduction not later than the next working day. .....

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