Richman v Australia Bank

[1987] FCA 817

NOT SUITABLE FOR DISTRIBUTION

I N THE FEDERAL COURT OF AUSTRALIA )

GENERAL DIVISION	)
BANKRUPTCY DISTRICT OF THE STATE	)

OF NEW SOUTH WALES AND THE ) No. P .2483 of 1987

AUSTRALIAN CAPITAL TERRITORY	)
- RE:

ROBERT A. RICHMAN

D e b t o r

EX PARTE:

AUSTRALIA BANK

C r e d i t o r

EXTEMPORE REASONS FOR JUDGMENT

BURCHETT J.

I n t h i s matter t h e c r e d i t o r r e l ies o n s . 4 0 ( l ) ( h ) of t h e

B a n k r u p t c y Act 1 9 6 6 . T h e d e b t o r , w h o a p p e a r s i n p e r s o n , h a s

o b t a i n e d l e g a l a d v i c e , b u t h a s n o t f i l e d a n y n o t i c e o f

o p p o s i t i o n . He h a s n o t o f f e r e d e v i d e n c e , b u t h e h a s . i n f o r m e d t h e

C o u r t t h a t h e does n o t c o n c e d e t h e a m o u n t o f t h e d e b t , t h o u g h h e

d o e s s a y , " I f e e l I d o owe some l a r g e a m o u n t . "

O n t h e e v i d e n c e , t h e p r o p e r c o n c l u s i o n t o r e a c h is t h a t

t h e p e t i t i o n h a s b e e n m a d e o u t . T h e d e b t o r d i d n o t u s e t h e

l a n g u a g e o f p a r a g r a p h (h) , b u t i n s u b s t a n c e w h a t h e s a i d was

c l e a r l y	t o t h e e f f e c t	s p e c i f i e d	i n	t h a t	p a r a g r a p h .	T h i s	is
s u f f i c i e n t upon	t h e	a u t h o r i t i e s ,	a m o n g	w h i c h	i t	i s e n o u g h	t o
r e f e r t o Re	Hewson;	Ex p a r t e	S y d n e y	S t o c k	E x c h a n g e	L i m i t e d	( 1 9 6 7 )

10 F.L.R. 479 , and p a r t i c u l a r l y t o w h a t G i b b s J . , a s h e t h e n was,

s a i d a t p a g e s 4 8 3 t o 4 8 4 .

l

2.

Accordingly I propose to make a sequestration order. I

am satisfied that the debtor has committed the act of bankruptcy alleged in the petition. I am satisfied of proof of the other matters of which s.52(1) of the Act requires proof. I note that Max Christopher Donnelly, a registered trustee, has consented to act as the trustee of the estate of the debtor. I make a sequestration order against the estate of the debtor. I order that costs including reserved costs, and any costs of the motion under s.50 which has been rendered otiose by my proceeding to hear the petition today, be taxed and paid according to the Act. I direct that a draft of this order be delivered to the Registrar

within seven days in accordance with rule	124(2).
I	certify that this and the
preceding page are a true copy

of the Reasons for Judgment

herein of his Honour Mr.

Justice Burchett.

Associate

Dated: 14 December, 1987.