In Re: A Petition by Mohammed Amer Abdel Kaher Mohammed Abdel Magid Nagy (Bankruptcy Petition No. 8 of 2002) [2004] UGCommC 38 (16 November 2004) | Bankruptcy Proceedings | Esheria

In Re: A Petition by Mohammed Amer Abdel Kaher Mohammed Abdel Magid Nagy (Bankruptcy Petition No. 8 of 2002) [2004] UGCommC 38 (16 November 2004)

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)}}{\*\pnseclvl6\pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl7\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl8 \pnlcltr\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}{\*\pnseclvl9\pnlcrm\pnstart1\pnindent720\pnhang {\pntxtb (}{\pntxta )}}\pard\plain \s15\qc \li0\ri0\sb100\sa240\sbauto1\sl360\slmult1 \widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\ipgp1\pararsid16191988 \fs24\lang2057\langfe2057\cgrid\langnp2057\langfenp2057 {\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 THE REPUBLIC OF UGANDA \line }{ \b\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 IN THE HIGH COURT OF UGANDA AT }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid16191988 KAMPALA}{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \line }{ \b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 (COMMERCIAL DIVISION) \line }{\b\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 BANKRUPTCY PETITION NO. 8/2002 \line }{\b\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 IN THE MATTER OF A PETITION \line BY MOHAMMED AMER ABDEL \line }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid16191988 KAHER}{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 MOHAMMED ABDEL MAGID NAGY }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \line }{ \lang1033\langfe2057\langnp1033\insrsid8258196 \par }\pard \s15\ql \li0\ri0\sb100\sa240\sbauto1\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\ipgp1\pararsid8258196 {\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 BEFORE: }{ \b\ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 THE HON. LADY JUSTICE M. S. ARACH }{\ul\lang1033\langfe2057\langnp1033\insrsid8258196 - }{\b\ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 AMOKO \line }{ \b\ul\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\b\ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 RULING: }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \line }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 The above named has filed this petition under S. 2 (1) (f), 7 and 15 of the Bankruptcy \line Act (cap 67). He is seeking a Receiving Order and order that he may be adjudged \line bankrupt. \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 The main ground for the petition is that he is unable to pay his debts. Section 2 (1) (f) of the Act provides that: \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 \par }\pard \s15\ql \li720\ri0\sb100\sa240\sbauto1\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\ipgp1\pararsid8258196 {\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \'93 (1). A debtor commits an act of bankruptcy in each of the following \line cases: }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \line }{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 (a,). }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \line }{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 (b). }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \par }{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 (c). }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \line }{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 (d). }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \line }{\i\lang1033\langfe2057\langnp1033\insrsid8258196 (e)}{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \line }{\i\lang1033\langfe2057\langnp1033\insrsid8258196 (f}{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 ). If he}{\i\lang1033\langfe2057\langnp1033\insrsid8258196 or she files in the Court a decl}{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 aration of his inability to pay his or \line her debts or presents a bankruptcy petition against himself or he}{ \i\lang1033\langfe2057\langnp1033\insrsid8258196 rs}{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 elf\'94 \line }{\i\lang1033\langfe2057\langnp1033\insrsid8258196 \par }\pard \s15\ql \li0\ri0\sb100\sa240\sbauto1\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\ipgp1\pararsid8258196 {\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 Section 4 of the Act empowers the Court to make a Receiving order for the protection of a debtor\rquote s estate, where a debtor commits an act of bankruptcy. Section 7 of the Act provides that a debtor\rquote s petition shall allege that the debtor is unable to pay his or her debts, and the presentation of the petition shall be deemed an act of bankruptcy without the previous filing by the debtor of any declaration of inability to pay his or her debts, and the Court shall there upon make a receiving order \'93except }{\ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 however, that the order shall be refused until the debtor shall have filed with the official receiver a statement of and in relation to his or her affairs prepared in accordance with section }{ \ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid8258196 15}{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \'94. \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 Section 15 is entitled }{\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \'93Debtor\rquote s Statement of affairs.\'94 \line }{ \i\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 It provides in subsection (1) and (2) (a) as follows: \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 \par }\pard \s15\ql \li720\ri0\sb100\sa240\sbauto1\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin720\itap0\ipgp1\pararsid8258196 {\i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \'93 (1). The debtor shall make out and submit to the official receiver a statement of and in relation to his or her affairs in the prescribed form, verified by affidavit; and showing particulars of the debtor\rquote s assets, debts and liabilities, the names, residences and occupation of his or her creditors, the securities held by them respectively, the dates when the securities were respectively given and such further or other information as may be prescribed or as the official receiver may require. \line (2). The statement shall be so submitted }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 - \line }{ \i\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 (a). prior to, but not more than three days before, the date of the presentation of the debtor\rquote s petition.\'94 \line }{\i\lang1033\langfe2057\langnp1033\insrsid8258196 \par }\pard \s15\ql \li0\ri0\sb100\sa240\sbauto1\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\ipgp1\pararsid8258196 {\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 I have carefully examined the petition before this Court and I find that the petitioner has not complied with the provisions of section 15 of the Act by filing the statement of affairs with the official receiver as required. The Statement of Affairs ac companying this petition does not bear the stamp of the official Receiver \emdash a clear indication that it was not so filed. In the circumstances, the petition for a Receiving order is refused and the Petitioner is directed to first file his statement of affai rs with the official Receiver as required by sections 7 and 15 of the Act. \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 A Receiving order can only be granted after the debtor has complied }{\ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 with all the }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 prescribed conditions. See: Re Pinfold, EX parte Pinfold (}{\lang1033\langfe2057\langnp1033\insrsid8258196 1892) 1 Q. B. 73. \line \par M. S. Arach - }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 Amoko \line }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 JUDGE \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 17/11/2004 \line }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \par }\pard \s15\ql \li0\ri0\sb100\sa240\sbauto1\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\ipgp1\pararsid16191988 {\ul\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 Ruling received in the presence of: }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \line 1. Mr. Phillip Karugaba for the Petitioner. \line 2. Petitioner. \line 3. Okuni \emdash Court clerk. \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 \par }{\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 M. S. Arach \emdash Amoko \line }{\b\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 JUDGE \line }{\lang1033\langfe2057\langnp1033\insrsid8258196 17/11/2004 \line }{ \lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \par }\pard\plain \ql \li0\ri0\sl360\slmult1\widctlpar\aspalpha\aspnum\faauto\adjustright\rin0\lin0\itap0\pararsid16191988 \fs24\lang2057\langfe2057\cgrid\langnp2057\langfenp2057 {\lang1033\langfe2057\langnp1033\insrsid16471681\charrsid14751626 \par }}