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of <h1>New Liquidation Accounts Rules Established Under Sections 555(3) and 642(1) of the Companies Act, 1956</h1> The Company's Liquidation Accounts Rules, 1965, were established under the authority granted by sub-section (3) of section 555 and sub-section (1) of section 642 of the Companies Act, 1956. These rules are officially titled the Company's Liquidation Accounts Rules, 1965, as per the notification issued by the Central Government on July 26, 1965.
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