The developer of the Princes Wharf Hilton Hotel project and the Precinct Apartments near Albert Park then flew to Spain where he spent time on a friend's yacht.
Henderson, who at one time owned the Victoria Park Markets, had been accused of misleading the Official Assignee by saying he was still in Australia but this charge was withdrawn in court today.
His lawyer Daniel Grove told the court that his client's "recollection" was different to the version of events put forward by the prosecution.
Mr Grove said the matter was in a court document signed by his client but his client had only signed it so the matter could be "dealt" with.
He said an affidavit from Mr Henderson's partner who planned the trip showed his client was not aware that they were going to Spain.
Outside court, Mr Grove said he would be seeking a discharge without conviction.
"He was bankrupted at 5pm the day before he left on a trip which had been booked and paid for by his girlfriend the next day. He hadn't received any word from the Official Assignee."
Mr Grove said Henderson had no idea that he was not allowed to leave the country.
The Official Assignee regional manager David Harte confirmed to the Herald in June last year that Henderson was off the coast of Spain on a friend's yacht.
Henderson is due back in court for sentencing later this month.
The law:
* People who are declared bankrupt can leave the country only with the permission of the Official Assignee
* It is also an offence to prepare to leave the country, that includes booking tickets and applying for visas.
* Bankrupts do not have to surrender their passport
* The Official Assignee can send a warning to police and customs officials to stop a bankrupt leaving the country but this does not happen with every bankruptcy case.
