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of <h1>Liquidators Must Invest Surplus Funds in Government Securities or Interest-Bearing Deposits; Tribunal May Approve Alternatives</h1> All funds credited to the Liquidator at the bank, which are not immediately needed for the winding-up process, must be invested in government securities or interest-bearing deposits in a designated scheduled bank. With the Tribunal's prior approval, these funds may also be invested in interest-bearing deposits in other scheduled banks, under the Liquidator's name for the LLP's benefit. If the liquidator is appointed from a panel, the Tribunal may direct the investment of surplus funds in a different manner.
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