All money to be paid in to bank account
X X X X Extracts X X X X
X X X X Extracts X X X X
....2016<br>CHAPTER VII PROCEEDS OF LIQUIDATION AND DISTRIBUTION OF PROCEEDS All money to be paid in to bank account 41. (1) The liquidator shall open a bank account in the name of the corporate debtor....
X X X X Extracts X X X X
X X X X Extracts X X X X
....out any deduction not later than the next working day. (3) The liquidator may maintain a cash of one lakh rupees or such higher amount as may be permitted by the Adjudicating Authority to meet liquid....