Quizzes & Puzzles8 mins ago
Statutory Demands
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If your company has received a statutory demand, apparently if the creditor is vindictive he can inform the banks and publish it on various websites to try to ruin your reputation. Does anyone know the name of these websites? I've scoured the web to no avail
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But this article (which is arguing the case for using this 'tool' that has evidently been used against your business) explains why it is so powerful - and hence presumably why you are getting worried. It's all about protecting one's reputation. hardly a surprise therefore if some folks find legal ways of trying to undermine that.
http://www.netlawman..../statutory-demand.php
I'll decline to make the obvious remark about how to get the solve the 'problem'.
But this article (which is arguing the case for using this 'tool' that has evidently been used against your business) explains why it is so powerful - and hence presumably why you are getting worried. It's all about protecting one's reputation. hardly a surprise therefore if some folks find legal ways of trying to undermine that.
http://www.netlawman..../statutory-demand.php
I'll decline to make the obvious remark about how to get the solve the 'problem'.
Thank you builders mate. I do know all the legalities but what it is my boss sold part of his company a few months ago. After the completion theres still monies owed on both sides all set out in the completion accounts, in which the buyer has been non stop haggling about piddly amounts. Anyway he's decided he dont want all the accounts put together he started separating everything up in his favour having already slapped a stat demand a little while which he was made to withdraw but at a cost of £7k to my boss in solicitors fees. Now on xmas eve he slapped another. He's trying to get in position where he is owing money then not pay by disputing everything. My boss is in the process of taking out an injunction but we think he has advertised it somewhere because after the first 1 the bank manager turned up on the doorstep and we think he's trying to damage my boss's reputation. I did try The London Gazette but to no avail. Thanks anyway