Mannigel, C.N. & Ors v. Aitken, L.R. [1985] FCA 450

Mannigel, C.N. & Ors v. Aitken, L.R. [1985] FCA 450

The bankruptcy of Gunther and Carolyn Mannigel dissolved the partnership as there was no effective provision in the agreement contrary to s.33 Partnership Act (NSW) 1912. The Trustee was properly authorised to take possession and wind up partnership assets following bankruptcy. No grounds were shown for inquiry into the Trustee's conduct; his actions were lawful and caused no loss.

Jurisdiction
Australia
Judgment Date
10 September 1985
Procedural Posture
Appeal / Judgment
Outcome
appeal dismissed
Legal Topics
['sequestration Order' 'removal of Trustee' 'deed of Assignment' 'dissolution of Partnership' 'administration of Partnership Assets']

Case Brief

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Procedural Posture

Appeal / Judgment

  1. 1 ['whether bankruptcy of partners dissolved the partnership under Partnership Act 1912 (NSW) s.33' 'whether trustee had authority to take possession of partnership assets' 'whether the partnership agreement provided contrary to s.33' 'proprietary rights and interests in partnership property after bankruptcy']

Ratio Decidendi

The bankruptcy of Gunther and Carolyn Mannigel dissolved the partnership as there was no effective provision in the agreement contrary to s.33 Partnership Act (NSW) 1912. The Trustee was properly authorised to take possession and wind up partnership assets following bankruptcy. No grounds were shown for inquiry into the Trustee's conduct; his actions were lawful and caused no loss.

Court Disposition

appeal dismissed

Orders

  • ['Appeal dismissed.' "Appellants to pay respondent's costs including any reserved costs."]