20.1.82- Companies (Winding Up) Rules, 2020

82. Bills, cheques, etc. to be deposited with bank.- All bills, cheques, hundies, notes and other securities payable to the company or to the Company Liquidator thereof shall, as soon as they come into the hands of the Company Liquidator, be deposited by him with the bank for the purpose of being presented for acceptance and payment or for payment
only, as the case may be and the proceeds when realised shall be credited by the bank to the special bank account.