Read the full judgment text of FACV 000007/2006 on BabelCite. This FACV judgment was delivered on 20 July 2006.
1. In 1996, the bankruptcy legislation was amended to introduce a new scheme regulating discharge from bankruptcy. Under the previous scheme, a court order for discharge was necessary and it was extremely difficult for a bankrupt to obtain one. The aim of the new scheme is to facilitate discharge of the bankrupt. Its central feature is the concept of automatic discharge. The bankrupt is to be discharged after the expiration of a prescribed period subject to the court ordering extension on sp
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