All money to be paid in to bank account

All money to be paid in to bank account https://www.taxtmi.com/acts?id=31475 Liquidation proceeds must be collected in a bank account in the corporate person's name suffixed 'in voluntary liquidation'; the liquidator shall pay into it all moneys, including cheques and demand drafts, and deposit daily realisations without deduction by the next working day. Money credited to the account may be used only in accordance with section 53(1), and payments above the prescribed threshold must be made by cheque or online banking drawn against that account. en-us Wed, 03 Jan 2018 16:43:20 +0530 Wed, 03 Jan 2018 16:43:20 +0530 TaxTMI RSS Generator All money to be paid in to bank account https://www.taxtmi.com/acts?id=31475 Liquidation proceeds must be collected in a bank account in the corporate person's name suffixed 'in voluntary liquidation'; the liquidator shall pay into it all moneys, including cheques and demand drafts, and deposit daily realisations without deduction by the next working day. Money credited to the account may be used only in accordance with section 53(1), and payments above the prescribed threshold must be made by cheque or online banking drawn against that account. Act-Rules IBC Wed, 03 Jan 2018 16:43:20 +0530 https://www.taxtmi.com/acts?id=31475