Q&As

Is it possible to include multiple creditors on a single statutory demand?

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Published on LexisPSL on 30/01/2015

The following Restructuring & Insolvency Q&A provides comprehensive and up to date legal information covering:

  • Is it possible to include multiple creditors on a single statutory demand?
  • Personal insolvency
  • Corporate insolvency

Is it possible to include multiple creditors on a single statutory demand?

STOP PRESS: From 6 April 2017, the Insolvency Rules 1986, SI 1986/1925 were revoked and replaced by the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024. The content in this Q&A may have been affected by this change.

Personal insolvency

In relation to personal insolvency please see: Statutory demands for restructuring and insolvency professionals—overview, which includes sections on the form, content and service of statutory demands.

A statutory demand in personal insolvency must be in one of the prescribed forms under section 268(1)(a) of the Insolvency Act 1986 (IA 1986). Rule 6.1

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