Form

Form SD1: Demand immediate payment of a debt from a limited company ('statutory demand')

If a limited company owes you money, you can use Form SD1 (a ‘statutory demand’) to demand payment within 21 days.

Documents

Rule 7.3 - Statutory demand under section 123(1)(a) or 222(1)(a) of the Insolvency Act 1986

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Details

Someone who is owed money (a ‘creditor’) can use this form (called a ‘statutory demand’) to ask for payment of a debt from a limited company within 21 days.

The creditor would then give (‘serve’) the completed form to the limited company who owes them the money (the ‘debtor’).

Find out more about how to make and serve a statutory demand, or challenge one.

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Published 1 November 2017