Banking account of the liquidator.

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..... special account of the liquidation called the Liquidation Account of ............ Company Ltd. Company Private Ltd. Company. in a scheduled Bank, or, with the previous sanction of the Court, in any o .....

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..... uidation or for making any payments by the liquidator in cash shall be drawn from the Bank by cheques drawn upon the Bank by the liquidator. All payments by the liquidator above Rs. 50 shall ordinaril .....

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