Arnold, C.S. and anor

[1992] FCA 527

JUDGMENT No. .,..- s a h %

FED- OF AUSTRALIA )

)

VICTORIA DISTRICT RE-	)	No VB 1126 of 1991
1

RUPTCY DIVISION 1

RE :  CLIFTON STEWART ARNOLD and ELIZABETH ELAINE HAIN ARNOLD

(Bankrupts)

corm:  Ryan J

W : Melbourne

Date:

- 24 June 1992

REASONS FOR JUDGMENT

m a n ;[: I have carefully read the affidavits in support of this application and the trustee's report. In the light of that

.	material I have concluded that although the debts of the
bankrupts were very great in amount and the dividend to unsecured creditp,ns correspondingly small, it is appropriate to exercise ! , .

the C&ztps discretion in favour of the application. The cir&stancels surrounding the application reveal many of the faciori tending to the grant of the application which were identified by Woodward J in Re Maher (1985) 61 ALR 592 at 599 to which I was referred by Miss Davies of Counsel on behalf of the bankrupts.

public interest to be served by prolonging the present status of the bankrupts which commenced on 3 May 1991. Accordingly, there

will be an order in respect of each bankrupt that he and she
respectively be discharged from bankruptcy.

In all the circumstances, I do not consider that there is any

I certify that this and the preceding page
are a true copy of the Reasons for Judgment

herein of his Honour Mr Justice Ryan.

Associate:	- ? y p c u
Date:	24 !lune 1992

Counsel for the bankrupts:  Miss J Davies

Solicitor for the bankrupts: Coltmans