Important Pre-holidays Warning

Your office may be closed while you celebrate Christmas and the New Year.

If you are acting as the registered office for a company, you may receive important legal documents and notices that are served on the company during your Christmas and New Year break.

We provide a reminder about the vital importance to keep records of all legal documents and notices received (including the date of receipt) and to notify the company officers as soon as possible.

Strict statutory deadlines apply to responding to legal documents and notices.

This reminder will be of the utmost importance in January 2021 due to the conclusion of the special temporary time extensions for Statutory Demands and Bankruptcy Notices, which were introduced in response to Covid-19. As you may recall, a recipient of a Statutory Demand and/or a Bankruptcy Notice had up to six (6) months to respond to the Demand or Notice as a temporary measure, which will conclude on 31 December 2020.

Any Statutory Demand or Bankruptcy Notice served on or after 1 January 2021 will revert to the standard 21 days expiry period, meaning that the recipient must take action in response within twenty one (21) days of service.

We expect that many creditors are planning to issue their Statutory Demands and Bankruptcy Notices in early January 2021.

If you or your clients require any urgent assistance with any legal document or notice received or need to make an urgent application to set aside a Statutory Demand or Bankruptcy Notice over the Christmas and New Year period, please contact Gavin Parsons at gavin@gpalaw.com.au or (02) 9262 4471.

Finally, we wish you, your family and colleagues a Merry Christmas and a Happy New Year from the team at Gavin Parsons and Associates!