A statutory demand is a serious debt notice to a company — ignore it and your company can be presumed insolvent. You have just 21 days, so act immediately.
A statutory demand is a formal notice requiring a company to pay a debt (generally above a set threshold). It’s serious: if you don’t respond within the deadline, your company can be presumed insolvent, opening the door to winding-up.
You have 21 days to either pay, reach agreement, or apply to court to set the demand aside. This deadline is strict and generally cannot be extended — so act immediately.
You may be able to set a demand aside if there’s a genuine dispute about the debt, an offsetting claim, or a defect in the demand. That requires a court application within the 21 days.
We assess your options urgently and, where appropriate, apply to set the demand aside in time. Book a consult the day you’re served.
Just 21 days — to pay, reach agreement, or apply to court to set it aside. The deadline is strict and generally can’t be extended.
Possibly — if there’s a genuine dispute, an offsetting claim, or a defect. It requires a court application within the 21 days, so act immediately.
General information only — for advice about your situation, see more guides or book a consult with ORLA Legal.
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