20 Registers and Books of Account to be Maintained by the Company Liquidator

(1) For the purposes of sub-section (1) of section 293 and sub-section (1) of section 294, the Company Liquidator shall maintain the following books of accounts, so far as may be applicable, in respect of the company under winding up -

      i.        Register of Liquidations in Form No. 41-A.

     ii.        Central Cash Book in Form No.41-B

    iii.        Companys Cash Book in Form No. 41-C.

    iv.        General Ledger in Form No. 41-D.

     v.        Cashier s Cash Book in Form No. 41-E

    vi.        Bank Ledger in Form No. 41-F.

   vii.        Register of Assets in Form No. 41-G

  viii.        Securities and Investment Register in Form No. 41-H.

    ix.        Register of Book Debts and Outstandings in Form No. 41-I.

     x.        Tenants Ledger in Form No. 41-J.

    xi.        Suits Register in Form No. 41-K.

   xii.        Decree Register in Form No. 41-L.

  xiii.        Sales Register in Form No. 41-M.

  xiv.        Register of Claims and Dividends in Form No. 41-N.

   xv.        Contributories Ledger in Form No. 41-O.

  xvi.        Dividends Paid Register in Form No. 41-P.

 xvii.        Commission Register in Form No. 41-Q.

xviii.        Suspense Register in Form No. 41-R.

  xix.        Documents Register in Form No. 41-S.

   xx.        Books Register in Form No. 41-T.

  xxi.        Register of unpaid dividends and undistributed assets, deposited into the Company Liquidation Dividend and Undistributed Assets Account in a scheduled bank, in Form No. 41-U and

 xxii.        A Record Book for each company in which shall be entered all minutes of proceedings and the resolutions passed at any meeting of the creditors or contributories or of the Advisory Committee, the substance of all orders passed by the Court in the liquidation proceedings, and all such matters other than matters of account as may be necessary to furnish a correct view of the administration of the company s affairs. 

In maintaining the registers and books mentioned above, the Company Liquidator shall follow the instructions contained in the respective forms prescribed for the said books and registers.

(2) The Company Liquidator shall, in addition to the Registers and Books prescribed above, maintain such other books as may be necessary for the proper and efficient working of his office and accounting of transactions entered into by him in relation to the company.

(3) Where the accounts of the company are incomplete, the Company Liquidator shall, with all convenient speed, as soon as the order for winding-up is made, have them completed and brought up-to-date.

(4) (i) Where the Company Liquidator is authorised to carry on the business of the company he shall keep separate books of account in respect of such business and such books shall, as far as possible, be in conformity with the books already kept by the company in the course of its business. The Company Liquidator shall incorporate in the winding up Cash Book and in the company s Cash Book, the total weekly amounts of the receipts and payments on such trading account.

(ii) The trading account shall be verified by affidavit, from time to time not being less than once in every month, and the Company Liquidator shall thereupon submit such account to the Advisory Committee (if any) or such member thereof as may be appointed by the Advisory Committee for that purpose, who shall examine and certify the same.

(5) The Company Liquidator shall keep proper vouchers for all payments made or expenses incurred by him. The vouchers shall be serially numbered.