Form No. 21: Essential for Listing Creditors in Company Petitions, Ensures Transparency in Financial Obligations.

Form No. 21 under the Company Court Rules, 1959, is used in company petitions to list creditors. It includes details such as the name, address, and description of each creditor, along with the nature and amount of their debt or claim. This list, authenticated by a company director, secretary, or competent officer, is verified through an affidavit sworn before a Commissioner for Oaths. The form is part of procedural requirements for company-related legal proceedings, ensuring transparency and accountability in the declaration of financial obligations.

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