NAMASIKU LIANDU v. GO DEBT LIMITED [2010] ScotSC 136 (09 August 2010)
The award of sequestration was recalled because the statutory demand was not personally served on the petitioner as required by statute, and the demand did not comply with the requirement to provide clear evidence of a liquid debt. Without a valid statutory demand, there was no evidence of apparent insolvency, making the sequestration incompetent.
- Citation
- [2010] ScotSC 136
- Parties
- Petitioner: Namasiku Liandu; Respondent: Go Debt Limited
- Jurisdiction
- Scotland
- Judgment Date
- 09 August 2010
- Procedural Posture
- Petition for Recall of Sequestration / Judgment After Proof
- Outcome
- award of sequestration recalled
- Legal Topics
- Recall of Sequestration, Personal Service Requirements, Liquid Debt, Statutory Demand Validity
Case Brief
Summary, issues, holding and outcome
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Parties
Namasiku Liandu
Petitioner
Go Debt Limited
Respondent
Procedural Posture
Petition for Recall of Sequestration / Judgment After Proof
Legal Issues
- 1 Whether personal service of the statutory demand was effected as required by the Bankruptcy (Scotland) Act 1985
- 2 Whether the statutory demand complied with statutory requirements for evidence of a liquid debt
- 3 Whether sequestration should be recalled due to procedural defects
Ratio Decidendi
The award of sequestration was recalled because the statutory demand was not personally served on the petitioner as required by statute, and the demand did not comply with the requirement to provide clear evidence of a liquid debt. Without a valid statutory demand, there was no evidence of apparent insolvency, making the sequestration incompetent.
Court Disposition
award of sequestration recalled
Orders
- Recall of the award of sequestration of the petitioner's estates
- Respondents liable to pay the proper and reasonable outlays and remuneration of the Accountant in Bankruptcy as interim trustee or trustee
Full Case Text
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