Controversial Sydney businessman Salim Mehajer will return to court in June to continue a bid to have his bankruptcy annulled.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
A NSW judge on Thursday refused to grant an application for an interim order to "stay" the bankruptcy after Mehajer's lawyer argued a previous hearing should have been adjourned while his client was in custody.
The 31-year-old was declared bankrupt by a Federal Circuit Court judge in March before being granted bail in early April over claims he staged a car crash and defrauded an insurance company.
Mehajer testified that if the stay was granted he planned to apply for a new builder's licence, continue the construction of five multi-million dollar projects and obtain offshore finance requiring his personal guarantees.
Justice Michael Lee said that might be thought a "somewhat heroic venture" and ruled he didn't have the power to grant the interim stay on the bankruptcy order.
A full hearing was set down for two days from June 21.
Australian Associated Press
