28 Aug 2014
NORFOLK FINANCIAL MANAGEMENT LTD v P A KING [2014] NZHC 2051
- Citation
- [2014] NZHC 2051
- Court
- High Court
Because King failed to comply with the bankruptcy notice and has not established a cross claim equal to or greater than the judgment debt, and the evidence (mortgagee sale application of proceeds and account records) shows no cash credit available to set off the debt, the Court must and does adjudicate him bankrupt under the Insolvency Act 2006.