25 May 2009
GIFKINS HC AK CIV 2009-404-281
- Citation
- openlaw-439dfda9_8b8b_4cc4_9ac7_5dfa8561f271.pdf
- Court
- High Court
Because the appellant failed to disclose an Inland Revenue tax debt in excess of $45,000, her total debts exceeded the statutory $40,000 ceiling and she was therefore wrongly admitted to the no-asset procedure; the Assignee was entitled and obliged to terminate her participation under s 373(1)(a), so the appeal is dismissed.
- No-asset procedure
- Termination under s 373(1)(a)
- Eligibility criteria s 363(1)
- Appeal de novo under s 226
- Disclosure of debts and assets
- Natural justice/alleged procedural unfairness