JCL Legal
www.jcllegal.com.auIf the Statutory Demand has not been withdrawn or an Application is not filed and served on or before the 21 days after service the company is deemed to be insolvent. A company or person is insolvent when they cannot pay their debts when they become due and payable.
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If the Statutory Demand has not been withdrawn or an Application is not filed and served on or before the 21 days after service the company is deemed to be insolvent. A company or person is insolvent when they cannot pay their debts when they become due and payable.
Read more
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