Declaration of solvency confirms ability to pay debts in voluntary winding-up and requires an attached assets, liabilities and valuation report.

Declaration of solvency for voluntary winding-up requires designated partners to affirm, after full inquiry, that the LLP has no debts or will be able to pay its debts in full from asset proceeds within a specified period, and to append a statement of assets and liabilities together with a valuer's report showing book values and valuation figures, total liabilities and the estimated surplus, signed and solemnly declared before a Commissioner for Oaths or Notary Public.

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