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Bankrupt Brothers

Q.: If two brothers, farming as partners, become bankrupt, and ene gets an absolute discharge and. the other only on condition that he pays £IQO, . has. the latter any peclress.-r "Inquirer" (West Coast). A.: This matter has already been adjudicated upon by the proper tribunal, which has power to give absolute or conditional clearance. Your remedy was to have appealed against the imposition of the condition. You may have a cjaim against your brother for contribution as a partner, but from t(ie meagre outline of the facts given it js impossible to express any definite opinion.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTR19260812.2.75

Bibliographic details

NZ Truth, Issue 1080, 12 August 1926, Page 18

Word Count
98

Bankrupt Brothers NZ Truth, Issue 1080, 12 August 1926, Page 18

Bankrupt Brothers NZ Truth, Issue 1080, 12 August 1926, Page 18