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Demands on debtors to pay and creditors to comply
Record ID:
22992
Format:
LIJ Article
Year:
2003
Author:
Anderson, Kylea ;
Subject:
Debtors and Creditors ; Debt Collection ; Statutory Demands ; Creditors Remedies ; Practice & Procedure ; Liquidation ;
Source:
LIJ (2003) 77 No 1-2
Date_of_entry:
06/02/2003
Legislation:
Corporations Regs 2001 (Cth) Form 509H
Notes:
Creditors' statutory demands for payment of debt and wind-up applications in the Supreme Court can be effective tools for recovering outstanding debts, but non-compliance with the strict technical requirements of the procedure can result in adjournments, dismissals and/or cost penalties for the creditor
Section:
Feature
Month:
January-February

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