12 May 2011
BANK OF NEW ZEALAND V MCCALL HC AK CIV 2010-404-006255
- Citation
- openlaw-67379eff_4146_4d56_9e6f_38d1e49c7964.pdf
- Court
- High Court
The court declined to adjourn or stay BNZ's adjudication application and adjudicated Mr McCall bankrupt because he had committed an available act of bankruptcy, his proposal was not credible or adequately particularised, gave rise to an inference of contrivance or continued incurring of liabilities, and allowing the proposal would prejudice the creditor and be contrary to the public interest; matters should be investigated by the Official Assignee.