11 May 2010
BANK OF NEW ZEALAND V W J LIDDLE HC AK CIV-2010-404-001988
- Citation
- openlaw-c8a9fcb0_944c_4cf6_a374_2123dd44f7b3.pdf
- Court
- High Court
The debtor's proposal, while an admission of insolvency, did not amount to a notification that he had suspended or was about to suspend payment of his debts under s22; the necessary clear intimation of suspension (per Cotton LJ) was absent, so the creditor failed to prove an act of bankruptcy and the application was dismissed.
- Act of bankruptcy
- Notice of suspension of payments
- Proposal to creditors
- Statutory interpretation of s22 and s23