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        Companies Law

        Rule 7 - Remittance.

        Companies (Official Liquidator’s Account) Rules, 1965
        Chapter 01

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        Remittance procedures require separate challans for cash and cheque payments and Reserve Bank acknowledgment for account credits. Payments received in cash and by cheque for the Official Liquidator's Account must be remitted to the Reserve Bank under separate challans, and an acknowledgment from the Reserve Bank must be obtained for all moneys remitted to the credit of that account.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Remittance procedures require separate challans for cash and cheque payments and Reserve Bank acknowledgment for account credits.

                                Payments received in cash and by cheque for the Official Liquidator's Account must be remitted to the Reserve Bank under separate challans, and an acknowledgment from the Reserve Bank must be obtained for all moneys remitted to the credit of that account.


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