PDF 0.00% 0.0¢ pacific dairies limited

Let's SAVE this company, page-51

  1. 793 Posts.
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    Orican, sure when a stat demand is put to a company the company has 21 days (I think) to:

    Pay

    Not pay

    Challenge the stat demand and have it set aside in the courts

    The person who put the stat demand in can rescind the stat demand and not proceed


    As I don't know when you put the stat demands in I don't know when the 21 days had started and are up. So if they have not paid within 21 days and not asked for it to be set aside then it is reasonable to believe they have solvency issues and whoever put in the stat demand can have a claim against the company.

    Last edited by Catalogue: I am a person up for election at the spill resolution. 13/01/19
 
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Currently unlisted public company.

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