Kilpatrick, Re D.J.W. Bankrupt, Ex Parte The
[1986] FCA 53
•2 May 1986
*' 5'3
.
| I N | T Y E | F E D E R A L | COTJRT | OF | A U S T R X I A | ) |
| GSNERILI, | l 3 I V I S I O N | ) |
| BANKRLJPTCY D I S T R I C T O F THE STP-TE OF | ) | ||
| VYCTORIA |
|
| EX PX?T.TE: | THX BANKRUPT |
Respordent
| C ~ 3 l X Y | : | JACKSON | S . |
| m: | 5 PeSruary 1986 |
| PLACE : | MELEOURNE |
REASONS FO2 JUDGMENT
On 10th September, 1984, the appllcanc was made
bankrupt on her ohm applicatlon. She now apFlles fcr an order
of discharge under s.150(1) of the Bankruptcy Act 1966.
At the tune when she became bankrupt, the bankrupt's
| unsecured credltors smounted In total to $24,433.00. | The |
Officlal Receiver has stated In hls report that In hls oplnion
| the causes of the bankruptcy | were the fallure of Marvel |
Marketlng Pty Ltd, a company wlth whlch she was concerned,
a.?d the personal guarantees given by the bankr-lpt for some of
tne debts of that company.
Marvel Marketlng Pty Ltd was a company whlch was
incorporated C O act as trustee sf the Rllpatrick Family Trust,
the bankrupt and her former husband b e n g the sole dlrectors
| of the company at all times after 30th Mar& | 1979. |
| Although the banxrupt performed secretarlal | services |
for the conpany, her husban6 was General Yanager and salesman
and the com2ar.y appears to have Seer. cmducted ~n practical
terns by her husband.
The bankrj-lpt's deallngs with the company came to an
| end In May, 19el after she separated from htr hLs3and. | In |
consequence of an agreement entersd Into ?ich hia under 5.37
| ,If the Famlly Law Act, | she had been T l v n an mdemnlty m |
respect cf a l l che company debts whlch she had personally
| guaranteed. | She expected her former husband to meec che |
company debts for which she was personally l l z b l e m d wken he becane a bankrupt, sbe saw no alternatlve >ut to present her
ohm 2etltlon.
3
Applications under s.150(1) depend very much on thelr
| own facts. | In the present case I aa satlsfled that none of |
| the matters referred to | In s.150(6) of the Act 1 s establlshed |
| and that there | 1 s no purpose whlch m13kt csefuliy be served by |
decllning to make an order.
Accordmqly, I make an order of dlscharqe I n respect
of the bankrupt.
I certlfy that thls and r;he
precedlnq pages a r e a trcle copy of the Reasons for Judgment herem of
his Honour Mr Justice Jackson.
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