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FORM NO. 4A FormNumber 4A FormSection 77A FormLaw Corporate THE COMPANIES ACT, 1956 DECLARATION OF SOLVENCY (See Section 77A) FormTitle Declaration of Solvency Name of the Company: xxx Address (Regd.

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To make a declaration of solvency, you will need to provide evidence to show that you have assets with a total value higher than your total debt. You make the declaration to the solicitor, who swears the declaration. It is a criminal offence to make a false declaration.

It is the job of the director[s] to ensure that a proper estimation of the company's assets and liabilities is undertaken prior to liquidation and that the Declaration of Solvency accurately reflects the true Balance Sheet position at liquidation.

The declaration of solvency attests to the fact that the company is in a solvent position, and that any outstanding liabilities can be made in full to creditors within 12 months of the liquidation process commencing.

Since the company is a legal person, therefore, the solvency affirmation is to be given by the directors of the company declaring that the company has no debts or is able to pay its debt in full within the time prescribed in the declaration.

“We being all / majority of the directors of the company do solemnly and sincerely declare that we have made a full enquiry into the affairs of this company, and that, having done so, we have formed the opinion that this company will be able to pay its debts in full together with interest at the official rate within a ...

A declaration made by the directors of a company seeking voluntary liquidation that it will be able to pay its debts within a specified period, not exceeding 12 months from the date of the declaration.

(name of company), do solemnly and sincerely declare that I/we have made a full inquiry into the affairs of the company and that, having done so, have formed the opinion that this company is able to pay its debts, identified on the statement of assets and liabilities set out above, as being the debts as they fall due.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232