All your resources at your fingertips.Learn More
H and W were in the throes of a divorce and ancillary relief. H presented his own bankruptcy petition, and an order was made on it without notice to W. W found out about the bankruptcy petition some months later. On the hearing of the ancillary relief application, the district judge ordered that W should receive a lump sum equal to the surplus after the bankruptcy debt and costs had been paid. W appealed, and applied to annul the bankruptcy order 18 months after it had been made.
To view the full text, please log in.
To receive a FREE 14 day online trial to Insolvency Law Online click here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...