Companies Act, 2013 · Chapter III: Provisions Applicable to Every Mode of Winding Up
Section 351: Liquidator not to deposit monies into private banking account
Neither the Official Liquidator nor the Company Liquidator of a company shall deposit any monies received by him in his capacity as such into any private banking account.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 351
No Supreme Court judgment in our database cites this section yet.