Are costs “approaching $20,000” high in resolving a bankruptcy filing oversight?
In a creditor’s petition for a sequestration order, a consent to act of a private registered trustee had been signed but it had not been filed with the Official Receiver as required – see s 156A(1) Bankruptcy Act. On 19 February 2026, a sequestration order was made and, with no consent to act on file, […]