Section 349. Official Liquidator to make payments into public account of India
Effective from 15-12-2016
Every Official Liquidator2(61) Official Liquidator means an Official Liquidator appointed under sub-section (1) of section 359 shall, in such manner and at such times as may be prescribed, pay the monies received by him as Official Liquidator of any companyCompany means a company incorporated under this Act or under any previous company law, into the public account of India in the Reserve Bank of India.