Regulation 61 — Investment of retained funds by liquidator in voluntary winding up

Subject to
the requirements of sub-section 4 of section 372 of the Act, any amounts retained by the liquidator
for meeting any claim against the company which may be subjudice or subject matter of adjudication
or assessment, shall be invested by the official liquidator in Special Saving Certificates or shall be
deposited or invested in the National Savings Schemes in the name of the company in liquidation.