20 Apr 2007
PULMAN V THE HIRE COMPANY LIMITED HC AK CIV-2006-404-4697
- Citation
- openlaw-145b77b0_77b1_4552_9b51_2f294c6a042d.pdf
- Court
- High Court
The Court found the substituted service order lawfully made and the bankruptcy notice was validly affixed to the debtor's door on 2 October 2006; the debtor thereby committed an act of bankruptcy by failing to comply; the District Court judgment stands pending set‑aside; discretionary factors (insolvency, likely absence of meaningful assets for unsecured creditors, multiple outstanding proceedings, prospect of Official Assignee investigations, and public interest in commercial morality) favoured adjudication, but the Court granted a short adjournment to permit a formal compromise to be presen…