Agostino, Salvatore v Jackson, John Henderson [1983] FCA 246
The Registrar was entitled to accept the debtor's petition once satisfied that the value of the divisible property was less than $10,000, without having to determine whether any registered trustee consent existed elsewhere. A registered trustee becomes trustee by force of s.156A(3) only if the consent is obtained and filed in the proceedings in which the petition is accepted. Because that did not occur in the debtor's petition proceedings, the Official Trustee in Bankruptcy was the trustee of Salvatore Agostino's estate.
- Jurisdiction
- Australia
- Judgment Date
- 19 September 1983
- Procedural Posture
- Bankruptcy Application for Directions and Declaration as to Trusteeship of a Bankrupt Estate / Reasons for Judgment Following Order Made on 5 September 1983
- Outcome
- Application determined by declaration that the Official Trustee in Bankruptcy is the sole trustee of the estate of Salvatore Agostino.
- Legal Topics
- ['sequestration Order' "creditor's Petition" "debtor's Petition" 'consent to Act as Trustee' 'official Trustee in Bankruptcy' 'registered Trustee']
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Procedural Posture
Bankruptcy Application for Directions and Declaration as to Trusteeship of a Bankrupt Estate / Reasons for Judgment Following Order Made on 5 September 1983
Legal Issues
- 1 ["Whether John Henderson Jackson, as a registered trustee who had consented to act in connection with a creditor's petition, or the Official Trustee in Bankruptcy was the trustee of Salvatore Agostino's bankrupt estate." "Whether s.55(4A) of the Bankruptcy Act 1966 required the Registrar to search for any registered trustee consent before accepting a debtor's petition on the basis that the debtor's divisible property was less than $10,000." "Whether s.156A(3) of the Bankruptcy Act 1966 made a registered trustee the trustee of the estate where the consent was not obtained and filed in the debtor's petition proceedings when that petition was accepted."]
Ratio Decidendi
The Registrar was entitled to accept the debtor's petition once satisfied that the value of the divisible property was less than $10,000, without having to determine whether any registered trustee consent existed elsewhere. A registered trustee becomes trustee by force of s.156A(3) only if the consent is obtained and filed in the proceedings in which the petition is accepted. Because that did not occur in the debtor's petition proceedings, the Official Trustee in Bankruptcy was the trustee of Salvatore Agostino's estate.
Court Disposition
Application determined by declaration that the Official Trustee in Bankruptcy is the sole trustee of the estate of Salvatore Agostino.
Orders
- ['The Official Trustee in Bankruptcy is the sole trustee of the estate of Salvatore Agostino.' 'The question of costs is reserved.']
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment