https://www.taxtmi.com/circulars?id=10589 A declaration of solvency filed without compliance with the statute governing its formal requirements is without effect; such ineffectual declarations must be treated and processed under the departmental instructions applicable to defective or non filed declarations, so that statutory compliance is an essential precondition to the declaration's operative effect in a voluntary winding up. en-us Mon, 22 Feb 1960 00:00:00 +0530 Wed, 15 Jun 2011 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10589 A declaration of solvency filed without compliance with the statute governing its formal requirements is without effect; such ineffectual declarations must be treated and processed under the departmental instructions applicable to defective or non filed declarations, so that statutory compliance is an essential precondition to the declaration's operative effect in a voluntary winding up. Circulars Companies Law Mon, 22 Feb 1960 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10589