PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY <BR> LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP - Companies (Winding Up) Rules, 2020
PAYMENT OF UNCLAIMED DIVIDENDS OR UNDISTRIBUTED ASSETS INTO THE COMPANY <BR> LIQUIDATION DIVIDEND AND UNDISTRIBUTED ASSETS ACCOUNT IN A WINDING UP - Companies (Winding Up) Rules, 2020
Company liquidator must deposit bills, cheques and securities with a bank for presentation and crediting of proceeds. Company liquidators must deposit all bills, cheques, hundies, notes and other securities payable to the company or to the liquidator with a bank, which ... Summary
Company liquidator must deposit bills, cheques and securities with a bank for presentation and crediting of proceeds.
Company liquidators must deposit all bills, cheques, hundies, notes and other securities payable to the company or to the liquidator with a bank, which shall present them for acceptance and payment or for payment only as applicable, and credit realised proceeds to the liquidator's special bank account.
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