Rules and Regulations of India

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Section 4 – Company’s Liquidation Accounts Rules, 1965

4. Payment of investment and deposits

Any money belonging to a company under liquidation which the liquidator has invested or deposited at interest shall, when such money forms part of the unclaimed dividends or undistributed assets of the company, be realized, or, as the case may be, be withdrawn and paid to the credit of the said account.

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