SALE OF RESTAURANT
EVIDENCE TO BE TAKEN
The facts regarding the sale of a restaurant by Velimir Bingula, a bankrupt, were not made sufficiently clear to satisfy creditors at an adjourned meeting in Bingula's estate yesterday, and a resolution was passed that the Official Assignee (Mr. S. Tansley) should take such steps as he thinks fit to have persons who can give evidence concerning the sale of the bankrupt's business examined before a Magistrate under section 92 of the Act.
The deed stated that the business was sold for £150, but evidence taken yesterday was to tho effect that the real price was £350. It was alleged that money changed hands after the transfer.
A further motion opposing the 'bankrupt's discharge until 15s in tho £1 had been paid was carried unanimously.
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Bibliographic details
Evening Post, Volume CIX, Issue 125, 30 May 1930, Page 11
Word Count
132SALE OF RESTAURANT Evening Post, Volume CIX, Issue 125, 30 May 1930, Page 11
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