The petitioner sought recall of an award of sequestration made against him in the Sheriff Court at Glasgow. The award of sequestration proceeded upon a petition for sequestration at the instance of the petitioning creditor, who had served a charge for payment of a debt of pounds 159,737.40 on the present petitioner. The days of charge had expired without payment and accordingly the petitioner was apparently insolvent under and in terms of section 7(1)(c)(ii) of the Bankruptcy (Scotland) Act 1985.
Citations:
[2009] ScotCS CSOH – 33
Links:
Jurisdiction:
Scotland
Insolvency
Updated: 11 July 2022; Ref: scu.317912