28 Nov 2000
WINTERTHUR LIFE INSURANCE CO. v. AU OI FONG SUSANA
- Citation
- WINTERTHUR LIFE INSURANCE CO. v. AU OI FONG SUSANA
- Court
- Court of First Instance
- Case number
- HCB1178/1999
The statutory demand was not rendered defective by the modest overstatement; the debtor failed to demonstrate a valid defence to liability (no misrepresentation, duress or undue influence established, and advances were contractual not wages), the principal debt of $50,930.31 stood, there was no entitlement to further judgment interest after termination, and failure to comply with the statutory demand constituted inability to pay under s6A(1)(a), therefore a bankruptcy order was justified.