A company seeking to rebut the presumption of insolvency arising from failure to comply with a statutory demand must adduce the 'fullest and best' evidence of its financial position, including properly verified ownership of assets and independently confirmed liabilities. Unaudited accounts, unverified claims of ownership, and expert reports constrained from independent verification of third-party creditors and lessors are insufficient. Where a bank loan may accelerate upon presentation of a winding-up application, the onus lies on the company to prove it has not become a current liability.
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