Liquidator prohibition on private banking deposits prevents placing company liquidation funds into private accounts. A statutory prohibition requires that neither the Official Liquidator nor the Company Liquidator shall place any monies received in their official ... Summary
Liquidator prohibition on private banking deposits prevents placing company liquidation funds into private accounts.
A statutory prohibition requires that neither the Official Liquidator nor the Company Liquidator shall place any monies received in their official capacity into private banking accounts; this applies in the context of winding up and governs handling of company funds to prevent commingling with private accounts.
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