4 Dec 2008
ME KOOIMAN V NEES HARDWARE AND BUILDING SUPPLIES LIMITED HC WN CIV 2008-485-1881
- Citation
- openlaw-448219bc_1c5f_485f_8ce4_acb2c1ce2708.pdf
- Court
- High Court
The bankruptcy notice complied with the current prescribed form (Form 90 under the High Court Rules); securities relied on were held by Mix Concrete Worx Ltd and although relevant to the debt they were shown by unchallenged evidence to be valueless and untraceable and the debtor provided no evidence of value to meet the s14 $1,000 threshold, therefore the application to set aside the notice failed but the debtor was given a limited further period to comply with the notice before adjudication proceedings could be pursued.