https://www.taxtmi.com/acts?id=14442 The official liquidator must invest surplus liquidation monies not immediately required in Government securities, or, with court permission, trustee securities, or in interest-bearing deposits in the State Bank of India or other scheduled banks; the Reserve Bank will make investments in Government or trustee securities only on the official liquidator's written request. Such securities are to be retained by the Reserve Bank in the name and on behalf of the official liquidator, and may be sold only by the Reserve Bank under the official liquidator's written instructions. en-us Thu, 02 Jun 2011 11:31:45 +0530 Thu, 02 Jun 2011 11:31:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14442 The official liquidator must invest surplus liquidation monies not immediately required in Government securities, or, with court permission, trustee securities, or in interest-bearing deposits in the State Bank of India or other scheduled banks; the Reserve Bank will make investments in Government or trustee securities only on the official liquidator's written request. Such securities are to be retained by the Reserve Bank in the name and on behalf of the official liquidator, and may be sold only by the Reserve Bank under the official liquidator's written instructions. Act-Rules Companies Law Thu, 02 Jun 2011 11:31:45 +0530 https://www.taxtmi.com/acts?id=14442