15 Feb 2011
MOULIN GLOBAL EYECARE TRADING LTD (IN LIQUIDATION) (formerly known as MOULIN OPTICAL MANUFACTORY LTD) v. THE COMMISSIONER OF INLAND REVENUE AND ANOTHER
- Citation
- MOULIN GLOBAL EYECARE TRADING LTD (IN LIQUIDATION) (formerly known as MOULIN OPTICAL MANUFACTORY LTD) v. THE COMMISSIONER OF INLAND REVENUE AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCAL29/2010
The court held that the Commissioner erred in law by attributing the fraudulent directors' knowledge to the company (Hampshire Land applies; Stone & Rolls inapplicable to MGET), and therefore wrongly refused to exercise discretion under IRO s.64 to extend time to object and wrongly refused to reconsider revision under s.70A for 2003/04; the 3rd and 4th decisions were quashed and the matters remitted to the Commissioner for reconsideration.