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of <h1>Application for License Under Section 25: Declaration of Compliance and Director Eligibility Under Companies Act 1956</h1> In accordance with the Companies Regulations, 1956, this declaration is required for an application for a license under section 25 of the Companies Act, 1956. A promoter or director of the association or company must affirm that they have not been declared of unsound mind by a court, are not undischarged insolvents, have not applied for insolvency adjudication, have not been convicted of any offenses, and are not disqualified under section 203 of the Companies Act for directorship. This declaration ensures compliance with statutory requirements for company registration and governance.
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