Federal Court of Australia
CATCHWORDS Bankruptcy - application for discharge prior to expiration of three years from date of bankruptcy - principles which quide
Court in dealing with such an application -
undertakings and imposition of conditions.
Bankruptcy Act 1966, ss. 149, 150.
RE: HERBERT WANDER KERSTEN
No. 684 of 1984/2
Coram: Sheppard J. Date : 11 March 1986
Place: Sydney
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IN THE FEDERAL COURT OF AUSTRALIA
GENERAL DIVISION
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) No. 684 of 1984/2 BANKRUPTCY DIVISION OF THE ) ) )
STATE OF VICTORIA
RE:__ HERBERT WANDER KERSTEN
A Bankrupt
MINUTES OF ORDER
JUDGE MAKING ORDER: Sheppard J. DATE OF ORDER : 11 December 1985
WHERE MADE : Melbourne
THE COURT ORDERS THAT: ~- 1. An order of discharge be made.
2. The operation of the order be suspended until 18 December
1985.
3. The order be made upon the following conditions:-
(a) that the bankrupt pay to the Official Receiver for the benefit of his creditors 21 monthly payments of $1,000, the first payment to be made on 18 February 1986 and the last on 18 October 1987;
(b) that the bankrupt will not, and undertakes to the Court that he will not, until after 7 September 1988
(i) engage in business | on his own account or in
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: 2. partnership with any other person:
(ii) be a director of any company;
(iii) become the employee or aqent of any business. partnership or company in which he, his wife or anv relative has directly or indirectly any interest of whatsoever kind or nature.
4. There be liberty to the bankrupt to apply, on seven days'
notice toa the Official Receiver. to be released from compliance with any of the above conditions or released from
any of the terms of the undertaking given to the Court.
NOTE: Settlement and entry of orders is dealt with in Rule 124
of the Bankruptcy Rules.
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