Voluntary liquidator to make payments into Scheduled Bank.

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..... o a Scheduled Bank to the credit of a special banking account opened by him in that behalf, and called ____ Company Limited" "the Liquidation Account of.................... Company Private Limited" Company": Provided that if the [1] [Tribunal] is satisfied that for the purpose of carrying on the business of the company or of obtaining advances or for any other reason, it is t .....

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..... h penalty as may be determined by the Registrar; (b) be liable to pay any expenses occasioned by reason of his default; and (c) also be liable to have all or such part of his remuneration as the 4[Tribunal] may think just, disallowed, and to be removed from his office by the 4[Tribunal]. ----------------------------------- Notes:- [1] Substituted for "Court" by th .....

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