Prohibition on private deposits by liquidators preserves separation of company funds and prevents use of private banking accounts. Prohibition on deposit of company liquidation monies into private banking accounts by the Official Liquidator and the Company Liquidator: neither shall ... Summary
Prohibition on private deposits by liquidators preserves separation of company funds and prevents use of private banking accounts.
Prohibition on deposit of company liquidation monies into private banking accounts by the Official Liquidator and the Company Liquidator: neither shall deposit any monies received in their official capacity into any private banking account, a rule applicable in the context of winding up to ensure separation of company funds from private financial accounts.
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