THE CORPORATIONS LAW

CHAPTER 5 - EXTERNAL ADMINISTRATION

PART 5.4 - WINDING UP IN INSOLVENCY

Division 3 - Application to set aside statutory demand

SECTION 459G   COMPANY MAY APPLY  

459G(1)  [Company may apply]  

A company may apply to the Court for an order setting aside a statutory demand served on the company.

459G(2)  [Time limit]  

An application may only be made within 21 days after the demand is so served.

459G(3)  [Affidavit and copy of application]  

An application is made in accordance with this section only if, within those 21 days:

(a)  an affidavit supporting the application is filed with the Court; and

(b)  a copy of the application, and a copy of the supporting affidavit, are served on the person who served the demand on the company.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.