Liquidation Direct
INSOLVENCY, LIQUIDATION AND BANKRUPTCY EXPERTS
1300 767 525
CALL US NOW — 24 hours 7 days
Sorry, we could not detect the flash version that's required to view this site.
You need to upgrade your Flash Player
Click here if you think, you do have the latest flash player.
You need to upgrade your Flash Player
Click here if you think, you do have the latest flash player.
How long does a creditor have to lodge a winding up application?
Section 459C(2) provides that the presumption of insolvency only lasts for three (3) months after the Statutory Demand is served and before the application to wind up the company is lodged.
If an application to wind up the debtor company is not lodged within that time, then the Statutory Demand cannot be relied upon and the process of issuing the demand will need to be started afresh.
1300 767 525
CALL US NOW — 24 hours 7 days
Liquidation Experts, Liquidation and Bankruptcy Specialists, Liquidators Registered with ASIC, Bankruptcy Trustees Registered with ITSA, Insolvency and Liquidation Advice, All forms of corporate and personal insolvency, Liquidation throughout Australia, Part IX Debt Agreements, Part X Personal Insolvency Agreement, Bankruptcy Experts.