Grand Cru Wine Fridges
06/09/2023
Dear Directors,
I am writing to inform you that the creditor's statutory demand which was served upon Joyram Pty Limited t/a Telegraph Hotel Tenterfield on the 18th of June 2023 has now expired.
As per legal requirements, a statutory demand necessitates a response within 21 days from the date of service. Unfortunately, despite the issuance of the demand, no response or arrangement for settlement has been received within the stipulated timeframe.
Given that the statutory demand has now expired, Joyram Pty Limited is now presumed insolvent under the Corporations Act. It is this presumption of insolvency that Home Icon International can now rely on to make an application to the Court for orders winding up Joyram Pty Limited.
We do however remain open to discussing potential solutions to address the debt and avoid any further escalation. It is our sincere hope that we can work together to reach a resolution that accommodates both parties' interests.
Your prompt attention to this matter is greatly appreciated. Please feel free to reach out to us via email or phone to initiate a conversation about the best way forward.
Thank you for your understanding, and we hope to hear from you soon.
Sincerely,
Directors
Home Icon International Pty Ltd