Costing Standards Accounting Standards E-Forms

The Companies Act, 2013

Chapter XX - Winding Up (270 - 365)

Section 349- Official Liquidator to make payments into public account of India.

[ Section 349 notified with effect from 15.12.2016 vide S.O. 3676 (E) dated 07.12.2016]

Section 349- Official Liquidator to make payments into public account of India. [Corresponds to Section 552 of the Companies Act, 1956]

Every Official Liquidator shall, in such manner and at such times as may be prescribed, pay the moneys received by him as Official Liquidator of any company, into the public account of India in the Reserve Bank of India.