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of <h1>Official Liquidators Must Deposit Company Funds Into RBI Account Per Companies Act, 2013</h1> Every Official Liquidator is required to deposit the funds received in their capacity as the liquidator of a company into the public account of India at the Reserve Bank of India. This must be done following the prescribed manner and timing as outlined in the Companies Act, 2013. This provision applies to all modes of company winding up.
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