27 Sept 2012
ARMITAGE V ESTABLISHED INVESTMENTS LIMITED (IN LIQUIDATION) COA CA399/2011
- Citation
- COA CA399/2011
- Court
- Court of Appeal
The Associate Judge did not err in exercising the broad statutory discretion under ss 110 and 111 of the Insolvency Act 1967; given the appellant's successive bankruptcies, convictions for dishonesty, misuse of company and trust structures and continuing conduct during bankruptcy, a three year extension and three year post-discharge prohibition on engaging in business were proportionate and necessary to protect creditors and the commercial community and were within the judge's discretion.