When a creditor's petition is dismissed on de novo review of a registrar's sequestration order, there is no power to annul the bankruptcy (contrary to Pattison); instead, the court makes consequential orders under s 104(3) including for trustee remuneration (payable by the unsuccessful petitioning creditor), validation of acts, re-vesting of property, and declaration that the debtor does not have the status of former bankrupt.
The full text is available to signed-in members, including the 74 later cases that cite this judgment.
13 of the 74 citing cases carry a classified treatment. How each court treated it is available to signed-in members.