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        Bills

        Clause 349 - Official Liquidator to make payments into public account of India.

        Companies Bill, 2011
        Chapter XX - Part III
        Provisions applicable to every mode of winding up

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        Official Liquidator payments to the public account must be deposited in the Reserve Bank under prescribed manner and timing. Every Official Liquidator must pay monies received as Official Liquidator of any company into the public account of India in the Reserve Bank of India in the manner and at the times prescribed.

        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.

        <h1>Official Liquidator payments to the public account must be deposited in the Reserve Bank under prescribed manner and timing.</h1> Every Official Liquidator must pay monies received as Official Liquidator of any company into the public account of India in the Reserve Bank of India in the manner and at the times prescribed.

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