Application to Set Aside a Statutory Demand 2026

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The document outlines the procedure for submitting an application to set aside a statutory demand, including necessary details such as the names and addresses of involved parties, hearing date and time, and grounds for the application. It emphasizes the importance of attendance at the hearing and includes a section for signatures.

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Click ‘Get Form’ to open the Application to Set Aside a Statutory Demand in our editor.
In section (a), enter the name and address of the person who will attend the hearing. Ensure this information is accurate for proper notification.
For section (b), insert the name of the debtor involved in the application. This identifies who the statutory demand pertains to.
In section (c), specify the date when the affidavit was sworn, which supports your application.
Section (d) requires you to list the names and addresses of individuals who should be served with this application. Be thorough to avoid any delays.
Finally, in section (e), provide your address for service. This is where all correspondence regarding this application will be sent.
Once all fields are completed, review your entries for accuracy, then sign and date at the bottom of the form before submitting it.

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What is an application to set aside a statutory demand?

If you do not agree with a statutory demand youve been given, you can apply to challenge it and get it set aside. You can be made bankrupt or your company wound up if you ignore a statutory demand. You must apply to the court named on your statutory demand.

How to set aside stat demand?

Subject to the 21day time limit, you should write to the creditor informing them that you will apply to set aside the statutory demand and outline the supporting evidence. Invite the creditor to voluntarily withdraw the demand prior to filing and serving the application in order to save costs.

How long do you have to set aside a statutory demand?

Subject to the 21day time limit, you should write to the creditor informing them that you will apply to set aside the statutory demand and outline the supporting evidence.

How long does it take to set aside a statutory demand?

Timeline following a Statutory Demand You have 18 days in which to act to set aside the demand. The probable course of events is described below: A creditor petitions the court to wind up the company, citing non-payment of the Statutory Demand as their reason. The winding up petition is advertised in the London Gazette.

What happens if a statutory demand is set aside?

If you win your case, youll get an order from the court setting aside the statutory demand. The deadline for paying the debt will be suspended. If you lose, youll have to pay back your debt within the 21 day time limit. The creditor can apply to bankrupt you if you do not pay in time and your debt is 5,000 or more.

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What does a statutory demand mean?

A statutory demand is a formal written demand for payment of a debt within 21 days.

How to deal with a statutory demand?

A statutory demand must be set aside within 21 days of service, especially if served on the wrong person. To challenge it, file an application with the court before the deadline, providing evidence of improper service or other grounds.

How do you set aside a statutory demand application?

You must file the setting aside application within 14 days after the date on which the statutory demand was served on you. Exception: If the statutory demand was served on you outside of Singapore, the time limit is within 21 days.

Application to Set Aside a Statutory Demand 2026

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What is an application to set aside a statutory demand?

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What happens if a statutory demand is set aside?

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