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[Cites 0, Cited by 0] [Section 555] [Entire Act]

Union of India - Subsection

Section 555(4) in The Companies Act, 1956

(4)The Liquidator shall be entitled to a receipt from the Reserve Bank of India for any money paid to it under sub-sections (1) and (2); and such receipt shall be an effectual discharge of the Liquidator in respect thereof.