https://www.taxtmi.com/acts?id=14104 Monies not immediately required for winding-up must be invested in Government securities or interest-bearing deposits with the State Bank of India, or, with prior Court sanction, in deposits in other scheduled banks, and all such investments must be in the name of the Official Liquidator as Official Liquidator of the company to which the funds belong. en-us Tue, 31 May 2011 15:09:57 +0530 Tue, 31 May 2011 15:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14104 Monies not immediately required for winding-up must be invested in Government securities or interest-bearing deposits with the State Bank of India, or, with prior Court sanction, in deposits in other scheduled banks, and all such investments must be in the name of the Official Liquidator as Official Liquidator of the company to which the funds belong. Act-Rules Companies Law Tue, 31 May 2011 15:09:57 +0530 https://www.taxtmi.com/acts?id=14104