TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 351: Liquidators must keep company funds in authorised accounts, strictly separate from personal money to protect stakeholders</h1> Section 351 of the Companies Act, 2013 mandates that any monies received by an Official Liquidator or Company Liquidator in the course of their duties must not be deposited into any private banking account. All funds handled in the capacity of liquidator must be kept separate from personal finances and dealt with only through authorised accounts prescribed by law or the court. This provision aims to prevent misappropriation, ensure transparency in winding-up proceedings, and protect the interests of creditors and other stakeholders.
TaxTMI 
TaxTMI 
