Notified Date of Section: 7/12/2016

 Effective Date: 15/12/2016 

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.

Related posts:

Section-214: Security for Payment of Costs and Expenses of Investigation
Section-312: Notice of Appointment of Company Liquidator to be Given to Registrar
Section-12: Registered Office of Company