When is the deadline for deemed inability to pay debts after non-compliance with a statutory demand?
The catalogue records a 21 days period from Service of the demand by leaving it at the company's registered office. This draft page remains free only until its source, worked example and limits are reviewed.
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Calculation basis and source
- Period
- 21 days
- Trigger
- Service of the demand by leaving it at the company's registered office
- Counting
- The encoded calculator method must be independently documented before publication.
- Rollovers and holidays
- Holiday, closure and order treatment must be independently documented before publication.
This route remains in preparation until a pinpoint official source is recorded.
- The statute says 'three weeks succeeding the service', while CWR Order 2 rule 2(6) requires the demand itself to warn of a 21 day period. The engine should treat both as 21 days from service, with the day of service excluded ('succeeding the service'). Note the very low local threshold: a debt exceeding one hundred dollars. The statutory demand must be delivered in original har