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of <h1>Company Officer Affidavit Required for Creditor List Verification Under Rule 50 of Company Court Rules, 1959</h1> Rule 50 of the Company Court Rules, 1959, mandates that a list of creditors must be verified by an affidavit from a competent company officer. The officer must assert belief in the accuracy of the list, including the estimated values of contingent or unascertained debts and claims admissible in a winding-up process. The affidavit should confirm there are no other admissible debts, claims, or liabilities beyond those listed, as of the date set by the Judge under rule 48. The affidavit must also detail the source of the officer's knowledge and belief, and follow Form No. 22 with necessary adjustments.
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