Are you owed money by a company? One of the most effective ways of recovering your money is by serving them with a statutory demand.
Here are some tips on serving a company with a statutory demand.

Face-to-Face Approach

A process server will actually attend the listed address of the company that owes the debt and the needed documents will be handed over to one of the directors, officers or employees of the company. If no-one is available, the process server may opt to leave the documents in the company letterbox.

The process server will make sure that the person they have served the documents is an worker of the company and has the authority to receive service. To achieve this, the recipient’s full name and position within the company will be written down. If the debtor’s registered office is given as an accountant firm, the firm’s name will be needed, as well as that of the person who accepted service.

Partnerships

When it comes to a partnership, the statutory demand can be served to any employee or worker at the company address. Otherwise, a business partner may be served at any address where that person can be located.

When the demand has been served, it is essential to have a certificate of service completed. This document will show the particulars such as date, time and the manner in which the statutory demand was served on the debtor.

If a company or partnership owes you money, you might choose to serve the debtor with a statutory demand. You can do this yourself, although it is prudent to use a professional process server to make sure that the process is carried out correctly and timeously.

For more advice and guidance, please contact the helpful experts at All Lanes.