OpenLegislation

Rule 4.6 Information to be given in statutory demandI1

England and Wales

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • rule 4.54(5-CVL) substituted for rule 4.54(5) by Insolvency 2010 Sch. 1 para. 179(5)
(1)

The statutory demand must include an explanation to the company of the following matters—

(a)

the purpose of the demand, and the fact that, if the demand is not complied with, proceedings may be instituted for the winding up of the company;

(b)

the time within which it must be complied with, if that consequence is to be avoided; and

(c)

the methods of compliance which are open to the company.

(2)

Information must be provided for the company as to how an officer or representative of it may enter into communication with one or more named individuals, with a view to securing or compounding for the debt to the creditor's satisfaction.

In the case of any individual so named in the demand, his address and telephone number (if any) must be given.

Annotations

Commencement

I1

Rule 4.6 in force at 29.12.1986, see rule 0.1