Declaration of solvency by the directors
A single format from the Voluntary Liquidation pack. s.59(3)(a) IBC 2016.
- 1 page
- 24
- Word and PDF
- 12 September 2026
What it covers
- 1Declaration of solvency by the directorss.59(3)(a) IBC 2016
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The first part of the format, as it downloads. Blanks are highlighted.
DECLARATION OF SOLVENCY
[Under Section 59(3)(a) of the Insolvency and Bankruptcy Code, 2016 read with the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017]
To be executed by a majority of the directors and verified by affidavit on non-judicial stamp paper of the value prescribed in the State of execution, duly notarised.
We, the undersigned, being a majority of the Directors of [ABC Private Limited], a company incorporated under the Companies Act, [1956 / 2013], bearing Corporate Identity Number [Company's CIN] and having its registered office at [Company's registered office address] (the “Company”), do solemnly affirm and declare as follows: