Affidavit of a Creditor Proving a Debt During Liquidation (India)
Updated 7 July 2026
This template is a formal affidavit used by a creditor to prove a debt owed by a company undergoing liquidation under the Indian Companies Act, 1956. It provides a structured format for a creditor to state the amount owed, provide evidence of the debt, and confirm that no security or satisfaction has been received for the sum claimed.
AFFIDAVIT OF CREDITOR OF HIS DEBT DURING
LIQUIDATION
IN THE (HIGH) COURT OF __________________
IN the matter of the Indian Companies Act, 1956
And
The matter of the liquidation of ________ Co. Ltd.
I, …………………………………………………………………… ,
Aged……………………………….................................. years,
son of _________________________________ ,
resident of ____________________________ , do hereby on oath /on solemn affirmation state as
follows:
1. That the above-named company was on the ____________________ day of ________ , ______ , the date of the order for winding up the same, and still is justly and truly indebted to me in the sum of Rupees _________________________________________________ (Rs in words ) only on account of (describe briefly the nature of the debt).
2. That in proof of the aforesaid debt I attach hereto the documents marked …………………………………………………
3. That I have not, nor have any person or persons by my order or to my knowledge or belief for my use, received the aforesaid sum of Rupees __________________________ or any part thereof, or any security or satisfaction for the same or any part thereof except the sum or security (state the exact amount of security).
4. That this affidavit is true, that it conceals nothing and no part of it is false
AA
Signature
VERIFICATION
I, _____________________________the above named deponent do hereby verify on oath that the contents of the affidavit above are true to my personal knowledge and nothing material has been concealed or falsely stated. Verified at ______ this _____day of ______
DEPONENT
About this template
What is this template?
Affidavit of a Creditor Proving a Debt During Liquidation (India) is a free, ready-to-use Commercial law template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.
When should you use it?
Reach for this Commercial law template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. This version is drafted with India in mind, though you should always review the final wording against the laws that apply to you.
What's typically included?
A well-drafted Commercial law usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.