Maintenance of accounts requires the official liquidator to keep separate company accounts and a central cash book for cash transactions.

Rule 3 requires the official liquidator to maintain a separate account for each company and to operate a central cash book in the Annexure form recording all cash receipts, remittances to the Reserve Bank, and payments to claimants, together with other books necessary to prepare a consolidated balance and enable periodical reconciliation of the balances in the accounts referred to in Rule 4.

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