Read the full judgment text of HCB 7058/2012 on BabelCite. This HCB judgment was delivered on 18 July 2013 before Mr Recorder Jat SC.
Bankruptcy – Abuse of process – Stay of petition – Contempt proceedings – Bankruptcy Ordinance – Ulterior motive – Reasonable prospect of payment – Whether bankruptcy petition presented with ulterior motive to stifle related proceedings – Whether debtor had reasonable prospect of paying debt – Whether petition should be stayed or adjourned – Petition dismissed on abuse of process argument; Bankruptcy order made; Costs order nisi
Legal issues: Abuse of process · Stay and Adjournment
Outcome: Bankruptcy order made against the Debtor
Cited by 4 cases · Cites 7 cases