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of <h1>Directors Must Declare Company Status and Financials Under Easy Exit Scheme 2011 Affidavit, Including Indemnity Clause</h1> The affidavit is part of the Easy Exit Scheme, 2011 under the Companies Law, requiring directors of a company to declare certain details. Directors must affirm their identity, residential and permanent addresses, and the company's operational status, including whether it has been inactive and the reasons for inactivity. They must disclose any existing bank accounts, assets, liabilities, and confirm the absence of dues to government authorities. The affidavit also addresses pending litigation and includes an indemnity clause for potential claims post-dissolution. Directors must verify the truthfulness of the affidavit's contents.
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