Cayman civil and statutory proceedings
What does the Cayman three-week statutory demand period mean?
Three weeks succeeding service under section 93(a). Pay, secure or compound the due debt to the creditor’s satisfaction. The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
- Period
- Three weeks succeeding service under section 93(a)
- Trigger
- Leaving the signed qualifying demand at the company’s registered office
- Rule
- Companies Act (2026 Revision), section 93(a)
Companies Act (2026 Revision), section 93(a). Official current index and full primary bodies retained October 10, 2026.
Source guide · No automated date
Check the applicable procedure
The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order. Establish leaving the signed qualifying demand at the company’s registered office and the actual completion required to pay, secure or compound the due debt to the creditor’s satisfaction.
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What does the Cayman three-week statutory demand period mean?
Three weeks succeeding service under section 93(a). Pay, secure or compound the due debt to the creditor’s satisfaction. The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
Responsible actor. Company served with a qualifying creditor demand.
Leaving the signed qualifying demand at the company’s registered office.
The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
Companies Act (2026 Revision), section 93(a)How does this provision count time?
- Establish leaving the signed qualifying demand at the company’s registered office.
- Pay, secure or compound the due debt to the creditor’s satisfaction.
- Use valid registered-office service, not email transmission or later director awareness. Compare the Act’s three weeks with the prescribed demand warning.
- This is a statutory insolvency condition, not a Court Office filing period. Do not assume office closure extends it.
Use valid registered-office service, not email transmission or later director awareness. Compare the Act’s three weeks with the prescribed demand warning.
This is a statutory insolvency condition, not a Court Office filing period. Do not assume office closure extends it.
Companies Act (2026 Revision), section 93(a)Which facts prevent one automatic date?
The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order. Establish leaving the signed qualifying demand at the company’s registered office and the actual completion required to pay, secure or compound the due debt to the creditor’s satisfaction.
Company served with a qualifying creditor demand establishes leaving the signed qualifying demand at the company’s registered office. Use valid registered-office service, not email transmission or later director awareness. Compare the Act’s three weeks with the prescribed demand warning. Three weeks succeeding service under section 93(a). Pay, secure or compound the due debt to the creditor’s satisfaction. Establish the actual completion facts before calculating a final date.
A proposed completion or status boundary intersects a closure or holiday while the party seeks to pay, secure or compound the due debt to the creditor’s satisfaction. This is a statutory insolvency condition, not a Court Office filing period. Do not assume office closure extends it. Establish the applicable closure and completion rule. This guide does not supply an assumed carried date.
The company offers security acceptable to the creditor within the statutory period. The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order. Resolve the changed source branch and required completion. The nominal period alone does not establish this scenario.
Which conditions and exceptions apply?
- Actual procedure and branch
- The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
- Count and complete the actual act
- Use valid registered-office service, not email transmission or later director awareness. Compare the Act’s three weeks with the prescribed demand warning. This is a statutory insolvency condition, not a Court Office filing period. Do not assume office closure extends it.
- Actor and required completion
- Company served with a qualifying creditor demand. Pay, secure or compound the due debt to the creditor’s satisfaction.
- The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
- Company served with a qualifying creditor demand. Leaving the signed qualifying demand at the company’s registered office. Pay, secure or compound the due debt to the creditor’s satisfaction. The due debt must exceed one hundred dollars. Neglect throughout the period supports deemed inability to pay; it does not itself make a winding-up order.
What must the responsible actor complete?
Questions about this procedure
What does the Cayman three-week statutory demand period mean?
Is any debt enough?
Section 93(a) requires a sum exceeding one hundred dollars then due.
Companies Act (2026 Revision), section 93(a)Where is the demand served?
At the registered office. CWR Order 2 rule 3 requires hand delivery of the original hard copy.
Companies Act (2026 Revision), section 93(a)Is email alone good service?
No. CWR Order 2 rule 3(2) expressly says it is insufficient.
Companies Act (2026 Revision), section 93(a)Does payment alone avoid neglect?
The Act also permits securing or compounding to the creditor’s satisfaction.
Companies Act (2026 Revision), section 93(a)Is the company wound up automatically?
No. The demand condition concerns deemed inability to pay and possible petition proceedings.
Companies Act (2026 Revision), section 93(a)Does director awareness start time?
No. The governing event is proper service, not later internal communication.
Companies Act (2026 Revision), section 93(a)Official sources and review
Provisions used (3)
| Provision | Purpose |
|---|---|
| Companies Act (2026 Revision), section 93(a) | Check the identified procedure, event, counting rule or qualification |
| Companies Act (2026 Revision), sections 91B, 92, 93 and 94 | Check the identified procedure, event, counting rule or qualification |
| Companies Act (2026 Revision), Schedule 5 fee erratum | Check the identified procedure, event, counting rule or qualification |