Consent of secured creditors required before registration, with public notice and affidavit ensuring prior entity dissolution.

Companies seeking registration under this Part must obtain consent or no objection from existing secured creditors, publish prescribed notices in one English and one vernacular newspaper inviting objections, and file a duly notarised affidavit from all members or partners undertaking to submit dissolution documents to the prior registering authority; the company must also comply with any other prescribed conditions.

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