https://www.taxtmi.com/acts?id=38039 The bankruptcy trustee must open a bank account in the bankrupt's name followed by 'in bankruptcy process' in a scheduled bank, deposit all receipts and daily realisations into that account without deduction by the next working day, may retain a limited approved cash float for process costs, and must make payments above the prescribed threshold by cheque or online banking to ensure traceable disbursements. en-us Thu, 21 Nov 2019 13:19:36 +0530 Thu, 21 Nov 2019 13:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38039 The bankruptcy trustee must open a bank account in the bankrupt's name followed by 'in bankruptcy process' in a scheduled bank, deposit all receipts and daily realisations into that account without deduction by the next working day, may retain a limited approved cash float for process costs, and must make payments above the prescribed threshold by cheque or online banking to ensure traceable disbursements. Act-Rules IBC Thu, 21 Nov 2019 13:19:36 +0530 https://www.taxtmi.com/acts?id=38039