Appointment of chartered accountant firms as liquidators affirmed as permissible under company law without statutory restriction. There is no restriction in the Act on the appointment of a firm of chartered accountants as liquidators of a company in winding up, clarifying that firm entities of chartered accountants are not excluded from eligibility to be appointed as liquidators under the statutory framework.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Appointment of chartered accountant firms as liquidators affirmed as permissible under company law without statutory restriction.
There is no restriction in the Act on the appointment of a firm of chartered accountants as liquidators of a company in winding up, clarifying that firm entities of chartered accountants are not excluded from eligibility to be appointed as liquidators under the statutory framework.
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