A company served with a formal demand for payment of a debt, known as a creditor's statutory demand, has three options to avert insolvency action being taken. The first thing a company can do is to …
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Resisting a Liquidator’s Claims
Resisting a Liquidator’s Claims: How to hang on to payments made to you What happens if a company which cannot pay its debts goes into liquidation, and the liquidator sends you a letter alleging that …
The Validity of Unfair Terms of a Contract
In 2010 the Trade Practices Amendment (Australian Consumer Law) Act (No. 1) 2010 (Cth) came into operation to address unfair contract terms in consumer contracts. How does it apply? The law applies …
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