Periodical examination of accounts requires the official liquidator to review company accounts quarterly and record investment decisions. The official liquidator must, at the end of every three months, examine each company's account to ascertain moneys available for investment and record in the company's record book the fact of examination, the investment decision, and reasons if surplus funds are not invested.
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Provisions expressly mentioned in the judgment/order text.
Periodical examination of accounts requires the official liquidator to review company accounts quarterly and record investment decisions.
The official liquidator must, at the end of every three months, examine each company's account to ascertain moneys available for investment and record in the company's record book the fact of examination, the investment decision, and reasons if surplus funds are not invested.
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