Commercial disputes are an unfortunate reality of doing business. Whether involving unpaid debts, disagreements over contracts, business partnerships or the supply of goods and services, disputes can disrupt business operations and result in significant financial losses. Understanding your legal rights and available options can help you resolve disagreements efficiently and protect your commercial interests. Common […]
Tag Archives: Company Law
23
Oct
Oct
When a company refuses or fails to pay an outstanding debt, creditors may have a powerful legal remedy available through a statutory demand. However, this procedure carries significant consequences for both parties and must be approached carefully. Under section 289 of the Companies Act 1993, a creditor can issue a statutory demand against a company […]