When Your Company Receives a Statutory Demand, What Comes Next?

A statutory demand is a serious legal notice. It is not a routine request for payment, and should not be ignored or procrastinated over. Companies failing to respond to a statutory demand within a fixed prescribed timeframe may face winding-up proceedings. A statutory demand is a formal demand for payment issued under section 459E of [...]

2026-02-24T04:06:05+00:00February 24th, 2026|Compliance, Corporate Advisory, Dispute Resolution, Litigation|Comments Off on When Your Company Receives a Statutory Demand, What Comes Next?
Read More

Key Insolvency Reforms You Need to Know!

The Insolvency protections, which were in place since March 2020 (known as the ‘insolvency moratorium’) has now come to an end. Accordingly, those protections afforded by the Coronavirus Economic Response Package Omnibus 2020 (Cth), such as the increase in debt owing before a creditor could issue a statutory demand (from $2,000 to $20,000), the extension [...]

2021-01-06T08:32:55+00:00January 6th, 2021|Business Advice, Corporate Advisory|Comments Off on Key Insolvency Reforms You Need to Know!
Read More
Go to Top