Form of statement of assets and liabilities

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....ill be unable to pay its debts in full within the period stated in the declaration of solvency, viz ................. months from the commencement of the winding-up or if the period has expired without the debts having been paid in full.] Name of Company ................. Ltd. in liquidation. Date of commencement ................. of winding-up. Statement as at ................. 19 ..........

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.... Total estimated realisable value of assets   not specifically pledged   2. Assets specifically pledged   (a) Estimated realisable values Rs. (b) Due to secured creditors Rs. (c) Deficiency ranking as unsecured Rs. Surplus carried to last column Rs. (1) Freehold property (2) Leasehold property (3) Movables- (i) Goods in possession of the comp....

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....ed by assets specifically pledged [item (a) or (b) above whichever is the less] [Insert in 'Gross Liabilities' column only] Preferential creditors Estimated balance of assets available for debenture holders secured by a floating charge and unsecured creditors1 Debenture holders secured by a floating charge                 ....

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....ate nature) Rs.     Estimated surplus/deficiency as regards creditors being the difference between:       Gross Assets, brought from preceding page (d)       and Gross liabilities, as per column (e) Rs.     Issued and Called-up capital ........ preference shares of ................ each ... called up ....