Section 349 of Companies Act, 2013 – Official Liquidator to make payments into public account of India

  • Updated Till : November 11, 2018

SECTION 349. OFFICIAL LIQUIDATOR TO MAKE PAYMENTS INTO
PUBLIC ACCOUNT OF INDIA

[Effective from 15th December, 2016]

Every Official Liquidator shall, in such manner and at such times as may be prescribed, pay the monies received by him as Official Liquidator of any company, into the public account of India in the Reserve Bank of India.

 

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