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The Excessive Court docket not too long ago settled a posh civil dispute involving the admission of proof of debt by a liquidator to an organization.
The court docket examined a number of grounds raised by the applicant, a realtor, disputing two sums in a financial institution’s proof of debt. One sum was questioned on the idea of missing court docket adjudication, whereas the opposite was contested as a result of partial compensation by the corporate liquidated.
The court docket’s October 23 determination, upheld the liquidator’s choices, finally dismissing the applying and awarding prices to the respondent.
Extra particulars on Sunday’s Borneo Bulletin
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