Voluntary Liquidation
The company is solvent but is to be closed, and there are assets to realise and distribute, which puts it outside strike off and into a formal liquidation run by an insolvency professional.
- 6 pages
- 48
- Word and PDF
- 12 September 2026
The 3 formats inside
- 1Declaration of solvency by the directorss.59(3)(a) IBC 2016On its own₹149
- 2Board resolution, voluntary liquidation, declaration of solvency and convening the general meetings.59 IBC 2016On its own₹149
- 3Special resolution and explanatory statement, voluntary liquidation and appointment of the liquidators.59(3)(c) IBC 2016On its own₹149
Read the opening
The first part of “Declaration of solvency by the directors”, 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: