Provisions applicable to every mode of winding up Deposit of surplus funds available with official liquidator in nationalised bank Whether court’s approval is to be obtained

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....e of winding up ‑ Deposit of surplus funds available with official liquidator in nationalised bank ‑ Whether court's approval is to be obtained A nationalised bank had addressed this Department suggesting that the official liquidators attached to High Courts may be directed to deposit the funds at their disposal in nationalised banks, since some official liquidators are reported to ha....