26 Nov 2009
DEMA INTERNATIONAL INCORPORATED V GG FERRIER HC PMN CIV-2008-454-658
- Citation
- openlaw-cc5163f2_adca_400e_907d_8463e500f0ea.pdf
- Court
- High Court
Applicant failed to show that he should not have been adjudicated bankrupt under s.309(1)(a); known liabilities exceeded assets, the applicant was unable to pay debts as they fell due and had committed an available act of bankruptcy, so the adjudication dated 1 October 2009 was properly made and annulment was not warranted.