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of <h1>New Rules Govern Official Liquidators' Accounts in Company Liquidation Under Sections 552, 647(b), and 642(1) of Companies Act 1956.</h1> The Companies (Official Liquidator's Accounts) Rules, 1965, were established by the Central Government under the authority granted by sections 552 and 647(b), along with section 642(1) of the Companies Act, 1956. These rules are designed to govern the accounts maintained by official liquidators in the context of company liquidation processes.
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