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<h1>Chartered Accountants Can Be Appointed as Liquidators in Company Winding Up, Confirms 1975 Circular.</h1> The circular dated April 2, 1975, addresses the appointment of liquidators during the winding up of a company under Companies Law. It clarifies that there is no restriction in the Act against appointing a firm of chartered accountants as liquidators. This implies that such firms can be legally appointed to manage the liquidation process of a company.