In Re A Petition for a Receiving Order by Abdi Noor Ukash (Bankruptcy Petition No. 2 of 2008) (Bankruptcy Petition No. 2 of 2008)
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Holding
A receiving order cannot be granted under Section 7 of the Bankruptcy Act until the debtor has filed a statement of affairs with the official receiver as required by Section 15. The requirement is mandatory. Where the statement of affairs has not been filed with the official receiver prior to the petition, the petition must be refused.
Outcome
Petition refused for non-compliance with mandatory procedural requirements; petitioner may refile after filing statement of affairs with official receiver
Facts
The petitioner filed a debtor's petition seeking a receiving order and adjudication of bankruptcy under the Bankruptcy Act Cap. 67, alleging inability to pay his debts. The petition was brought under Section 2(f), 4, 7 and 10 of the Act and Rules 145, 146(1), 149 and 166(1) of the Bankruptcy Rules 1915. The petitioner submitted a statement of affairs but did not file it with the official receiver as required by Section 15 of the Act. The statement of affairs did not bear the stamp of the official receiver, indicating it had not been properly filed.
Issues
- Whether the petitioner is entitled to a receiving order and adjudication of bankruptcy on grounds of inability to pay debts.
- Whether the petitioner complied with the mandatory requirement under Section 15 of the Bankruptcy Act to file a statement of affairs with the official receiver prior to presentation of the petition.
Orders
- Petition refused.
- Petitioner directed to first file his statement of affairs with the official receiver as required by Sections 7 and 15 of the Bankruptcy Act, if he so chooses.
Rules and key headnotes
Legislation cited (12)
- Bankruptcy Act Cap. 67 s.2(1)(f)
- Bankruptcy Act Cap. 67 s.4
- Bankruptcy Act Cap. 67 s.7
- Bankruptcy Act Cap. 67 s.7(1)
- Bankruptcy Act Cap. 67 s.10
- Bankruptcy Act Cap. 67 s.15
- Bankruptcy Act Cap. 67 s.15(1)
- Bankruptcy Act Cap. 67 s.15(2)
- Bankruptcy Rules 1915 r.145
- Bankruptcy Rules 1915 r.146(1)
- Bankruptcy Rules 1915 r.149
- Bankruptcy Rules 1915 r.166(1)
Cases cited (2)
- Re Pinfold, ex parte Pinfold [1892] 1 QB 73
- Kahel Mohammad Abdel Magid Nagy, Re (Commercial Division)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.