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TITLE Supreme Court Order 2010Ma1554, 1555 Dated January 25, 2011[Immediate Re-appeal against Order of Dismissal of Bankruptcy Declaration and Exemption from Liability] [full Text]
Summary
[1] The standard for determining whether a bankruptcy petition constitutes ""an abuse of bankruptcy procedure"" which is one of the general grounds for dismissal of a bankruptcy petition under Article 309 (2) of ""the Debtor Rehabilitation and Bankruptcy Act"" [2] The case affirming the court below's dismissal of a bankruptcy petition as an abuse of bankruptcy procedure pursuant to Article 309 (2) of ""the Debtor Rehabilitation And Bankruptcy Act"", where the debtor committed an act which constituted one of the grounds for disallowance of discharge of liability, and held that such judgment did not unfairly deprive the debtor of an opportunity to receive a discretionary exemption from liability by a hasty dismissal of a bankruptcy petition
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