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Re Stirling ex parte Webb Ross & Co - [1990] 1 NZLR 569

$30.00

High Court Wellington
7, 9 May; 10, 11 June 1986
Smellie J
Bankruptcy and insolvency — Bankruptcy petition — Non-compliance with bankruptcy notice — Debtor in opposition to bankruptcy notice filed affidavit which operated as application to set aside notice — Before application to set aside was heard and determined, creditor filed petition based on non-compliance with notice — Whether act of bankruptcy had occurred — Whether petition should be granted — Insolvency Rules 1970, r 41.
Bankruptcy and insolvency — Bankruptcy petition — Solvent debtor — Adjudication — Discretion — Creditor's petition — Debtor was able but unwilling to pay his debts — Observations as to whether, once an act of bankruptcy has been proved, an adjudication would automatically follow — Whether it was intention of legislature that solvent debtor should be made bankrupt — Insolvency Act 1967, s 26.

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