Statutory Declaration on Amalgamation
Statutory Declaration on Amalgamation
I. Purpose of Declaration
This Statutory Declaration on Amalgamation serves to formally document and affirm the legal process of merging [OLD COMPANY NAME] and [NEW COMPANY NAME] into a single entity, herein referred to as the "Amalgamated Company."
II. Background Information
The decision to amalgamate the two companies was reached after careful consideration of various factors, including market conditions, strategic objectives, and operational efficiencies. The Amalgamation Agreement, duly approved by the respective boards of directors and shareholders of both [OLD COMPANY NAME] and [NEW COMPANY NAME], outlines the terms and conditions governing the merger.
III. Details of Amalgamation
Effective as of [EFFECTIVE DATE], all assets, liabilities, rights, and obligations of [OLD COMPANY NAME] and [NEW COMPANY NAME] have been transferred to and vested in the Amalgamated Company. This includes but is not limited to:
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Transfer of ownership of properties, real estate, and intellectual assets.
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Assumption of debts, loans, and contractual commitments.
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Consolidation of business operations, personnel, and management structure.
IV. Legal Compliance
The amalgamation process has been conducted in accordance with the applicable laws, regulations, and provisions governing corporate mergers and amalgamations. All requisite filings, notices, and approvals have been obtained from the relevant regulatory authorities, ensuring compliance with statutory requirements.
V. Continuation of Business
The Amalgamated Company shall carry on the business and operations formerly conducted by [OLD COMPANY NAME] and [NEW COMPANY NAME] under a unified entity. It shall inherit and continue all existing contracts, agreements, and relationships previously held by the merging entities.
VI. Declaration of Amalgamation
I, [YOUR NAME], [YOUR POSITION] of [OLD COMPANY NAME], solemnly declare that the information provided in this Statutory Declaration on Amalgamation is true and accurate to the best of my knowledge and belief. I further affirm that all necessary steps and procedures required for the amalgamation of [OLD COMPANY NAME] and [NEW COMPANY NAME] have been duly executed in accordance with the law.
VII. Declaration of Completion
With the signing of this Statutory Declaration on Amalgamation, the merger of [OLD COMPANY NAME] and [NEW COMPANY NAME] is officially recognized and affirmed. The Amalgamated Company is now established as a unified entity, poised to pursue its strategic objectives and create value for its stakeholders.
VIII. Signature
[SIGNATURE]
[DATE]
[YOUR NAME]
[POSITION]
[OLD COMPANY NAME]
