When can any party use the court route concerning a company’s debts?

A party can utilize the court route regarding a company's debts primarily when the company is unable to pay its debts. This situation is vital to determine because insolvency gives rise to various legal proceedings, including bankruptcy or liquidation, where the court plays a crucial role in resolving the company's financial obligations.

When a company cannot meet its financial commitments, it triggers legal protections for both the company and its creditors. Creditors may seek remedies through the courts, which can lead to restructuring the company's debt or distributing the company's assets fairly among creditors. This action is often seen as a necessary step to manage a company's financial distress and protect the rights of all parties involved.

In contrast, scenarios such as a company's profitability, creditor demands without insolvency, or shareholder requests do not automatically warrant court intervention regarding debts. Thus, the context surrounding a company’s financial status and inability to pay debts is fundamental in allowing parties to seek court involvement.