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    <title>The formats contained in this Schedule are indicative in nature, and the liquidator may make such modifications to them as he deems fit in the facts and circumstances of the liquidation.</title>
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    <description>Schedule III prescribes indicative formats for registers and ledgers to be maintained by the liquidator, allowing modification as appropriate. Core books include the Cash Book, General Ledger and Bank Ledger, with entries in the General Ledger posted from the Cash Book and monthly tallies of debit and credit totals against cash and bank balances. Specific registers track assets, securities, book debts, suits and decrees, claims and distributions (only admitted claims), contributories, distributions (preferential and ordinary separately), fees (annual opening and quarterly audit entries), suspense items, documents and unclaimed dividends or undistributed proceeds.</description>
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    <pubDate>Thu, 04 Jan 2018 12:34:31 +0530</pubDate>
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      <description>Schedule III prescribes indicative formats for registers and ledgers to be maintained by the liquidator, allowing modification as appropriate. Core books include the Cash Book, General Ledger and Bank Ledger, with entries in the General Ledger posted from the Cash Book and monthly tallies of debit and credit totals against cash and bank balances. Specific registers track assets, securities, book debts, suits and decrees, claims and distributions (only admitted claims), contributories, distributions (preferential and ordinary separately), fees (annual opening and quarterly audit entries), suspense items, documents and unclaimed dividends or undistributed proceeds.</description>
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