Papanicola v Humphreys & Ors
Registrar lacked jurisdiction to rescind the earlier order under s 375 as no exceptional circumstances or new material were presented; mere non-attendance and re-presentation of same arguments do not justify rescission; the money held by Readygame was property of the estate, not post-bankruptcy income.
- Parties
- Applicant: T. Papanicola; Respondent: Benjamin Toby Humphreys; Respondent: Craig Dunne; Respondent: Readygame Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 14 March 2005
- Procedural Posture
- Bankruptcy Appeal / Appeal From Registrar's Order
- Outcome
- Appeal allowed; Registrar's November Order set aside.
- Legal Topics
- Rescission of Orders, Income Payments Order, Trustee Powers, Exceptional Circumstances
Case Brief
Summary, issues, holding and outcome
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Parties
T. Papanicola
Applicant
Benjamin Toby Humphreys
Respondent
Craig Dunne
Respondent
Readygame Limited
Respondent
Procedural Posture
Bankruptcy Appeal / Appeal From Registrar's Order
Legal Issues
- 1 Whether Registrar had jurisdiction to rescind earlier order under s 375 Insolvency Act 1986
- 2 Whether exceptional circumstances existed to justify rescission
- 3 Whether restaurant revenue was post-bankruptcy income or property of the estate
Ratio Decidendi
Registrar lacked jurisdiction to rescind the earlier order under s 375 as no exceptional circumstances or new material were presented; mere non-attendance and re-presentation of same arguments do not justify rescission; the money held by Readygame was property of the estate, not post-bankruptcy income.
Court Disposition
Appeal allowed; Registrar's November Order set aside.
Orders
- Second June Order reinstated; November Order rescinded.
- Respondents required to attend for examination as previously ordered.
Full Case Text
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