https://www.taxtmi.com/acts?id=13124 Section 647 preserves winding up commenced before the Act so that such cases continue as if the Act had not been passed, while subsection seven of the liquidation provisions applies to moneys paid into the Companies Liquidation Account whether before or after commencement. A proviso requires that, in proceedings pending at the commencement of the amendment, certain supplementary provisions apply as far as may be, and the court appointed liquidator shall, as prescribed by the Central Government, pay moneys received into the public account of India in the Reserve Bank. en-us Fri, 20 May 2011 13:34:26 +0530 Fri, 20 May 2011 13:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=13124 Section 647 preserves winding up commenced before the Act so that such cases continue as if the Act had not been passed, while subsection seven of the liquidation provisions applies to moneys paid into the Companies Liquidation Account whether before or after commencement. A proviso requires that, in proceedings pending at the commencement of the amendment, certain supplementary provisions apply as far as may be, and the court appointed liquidator shall, as prescribed by the Central Government, pay moneys received into the public account of India in the Reserve Bank. Act-Rules Companies Law Fri, 20 May 2011 13:34:26 +0530 https://www.taxtmi.com/acts?id=13124