Affidavit for Proof of Debt under Companies Law: Requirements for Deponent, Debt Details, and Preferential Claims.

The affidavit of proof of debt under the Companies Law and Company Court Rules, 1959, requires a deponent to affirm that a company is indebted to them as of the date of a winding-up order. The affidavit must detail the debt amount, consideration, and any securities held. If the claim is preferential, grounds must be stated. The affidavit includes a schedule for bills of exchange and account particulars. Proof must be lodged with the Official Liquidator before the first meeting for voting purposes. If made by an authorized person, their authority and knowledge must be specified.

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