BANKRUPTCY AND INSOLVENCY - review of sequestration order made by registrar of the Court - hearing de novo - where sequestration order was stayed by consent of the parties to enable the debtor to realise assets and pay the debt - where stay proved ineffective - where respondent debtor owns five properties - whether debtor was solvent - proof of solvency - whether discretion should be exercised to set aside sequestration order - whether a creditor must avail themselves of other means of execution or debt recovery before commencing a bankruptcy proceeding
↧