CM 47 Statement by each Director regarding Adequacy of capital of Company
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Form CM 47
REPUBLIC OF NAMIBIA
BUSINESS AND INTELLECTUAL PROPERTY AUTHORITY - BIPA
COMPANIES ACT 2004
(Section 180(3)) (Regulation 38 (1)(b))
STATEMENT BY EACH DIRECTOR REGARDING
ADEQUACY OF CAPITAL OF COMPANY
Name of Company
Date of Registration
I,
of
declare that: (provide residential address above)
1. I have consented to be and I am a director of the above mentioned company.
2.* The capital of the Company is adequate for the purposes of the company and its business.
3.* The capital of the company is inadequate for the purposes of the company and its business for the following reasons: _________________________________________________________
____________________________________________________________________________________
___________________________________________________________________________________
___________________________________________________________________________________
4.* Having regard to my statement in paragraph 3, the company is to be financed in the following manner and from the following sources: ___________________________________________
____________________________________________________________________________________
___________________________________________________________________________________
___________________________________________________________________________________
Signed at __________________ this _________ day of __________________ of the year _______ in the presence of the witness whose signature appears below.
______________________
Director
Witness
Signature
Full Names
Occupation
Residential Address
Business Address
Email address
*Delete whichever is not applicable
Copyright: Business and Intellectual Property Authority, Namibia
Registration Number of Company
N$ 50,00 fee payable in terms of the Act and as set out in the regulations