30 Aug 2022
HG METAL MANUFACTURING LTD v NAVARATNAM [2022] NZHC 2183
- Citation
- [2022] NZHC 2183
- Court
- High Court
The Court held s13 criteria were satisfied: Mr Navaratnam committed an act of bankruptcy by failing to comply with the bankruptcy notice within the extended time, the debts are certain and exceed $1,000 and are immediately payable because enforcement of the registered judgments has not been stayed; the debtor failed to discharge the onus to persuade the Court to exercise its discretion against adjudication, and pending appeals were either irrelevant or without merit, therefore adjudication was ordered.