IN RE ARNOLD

5 VLR (IPM) 39·MOLESWORTH, J.
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5 VLR (IPM) 39
5 VLR IPM 39
IN RE ARNOLD Supreme Court of Victoria, Insolvency, Probate, and Matrimonial Jurisdictions MOLESWORTH, J. May 22, 1879, 4 June 1879 "Insolvency Statute 1871" (No. 379), ss. 136, 137 i., x. — Appeal — Refusal of certificate — Not keeping books of account — Contracting debt without a reasonable expectation of being able to pay — Dispensation with payment of 7s. in the — Depreciation of value of property — Evidence — Examination of insolvent — Right to explain .

Inability to meet all debts is not a reason for refusing a certificate, on the ground of the insolvent having contracted a debt without reasonable or probable expectation of being able to pay it, if there were at the time probable means of paying the particular debt. In re Mason [3 W.W. & A.B., I. 28] followed.

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5 VLR (IPM) 39

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