About this document
If you issue a statutory demand, you can follow it up 21 days later with a winding up petition. There is nothing, but nothing that concentrates someone’s mind more than prospective wipe out. Of course, if you have done your homework, you never need to issue the petition.
The procedure is very easy to follow. All you need are a couple of forms and a stamp; no solicitors, no court fees.
Who will use this document?
Any person or company for use in the recovery of money
This document includes:
- Statutory demand form issues under section 289 of the Companies Act 1993;
- Explanatory notes on how to complete the form and what to do next;
- Statement of claim to support the demand;
- Example letter to debtor company enclosing statutory demand;
- Example letter withdrawing the demand when the debtor pays.
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