Section LXXXII
Payment of money into Court.
The Joint-stock Companies Act, 1857
About this Act
An Act to make better provision for the order and good government of the Suburbs of Calcutta and of the station of Howrah.
All monies received under the direction of the Court
on account of the sale or conversion of any of the assets of any Company, or in respect of calls made
on any contributories, or of any other matter, with the exception of such balance (if any) as the
Official Liquidators may, with the sanction of the Court, retain in their hands for the payment of
current expenses, shall be paid into court or deposited in such manner as the Court any direct ; and no
money standing to such account shall be paid out except upon cheques signed in such manner as the
Court directs.