In Re - Mohamed Din Buta (Bankruptcy Cause No. 74-1931)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
A bankrupt who was previously adjudicated bankrupt in 1924 and discharged in 1927, then adjudicated bankrupt again in 1931 with assets not amounting to 10 shillings in the pound and no dividend for unsecured creditors, was granted a conditional discharge suspended for three years. The court held that while bankruptcy laws must be vindicated, punishment must not be vindictive, and the circumstances warranted suspension rather than absolute refusal of discharge.
Outcome
Bankrupt granted conditional discharge with three-year suspension period
Facts
Mohamed Din Buta was first adjudicated bankrupt in 1924 and discharged on 15 October 1927. He was adjudicated bankrupt again on 8 October 1931. On 15 February 1938 he applied for discharge. The creditors did not oppose the application but the Official Receiver opposed it. In the present bankruptcy, assets did not amount to 10 shillings in the pound and there was no dividend for distribution amongst unsecured creditors. The bankrupt had not kept statutory books of account. He had previously entered into composition schemes with creditors on two occasions, one of which failed and led to his final bankruptcy. The bankrupt had a large family to support and was not a trader in the ordinary sense.
Issues
- Whether the bankrupt should be granted an unconditional discharge, a conditional discharge, or whether discharge should be refused absolutely.
Orders
- Discharge suspended for three years from the date of application (15 February 1938).
Rules and key headnotes
Cases cited (1)
- In re Gaskell [1904] 2 KB 478
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.