THE COMMISSIONER OF INLAND REVENUE V CENTURY CITY FOOTBALL LIMITED HC WN CIV-2010-485-2088

THE COMMISSIONER OF INLAND REVENUE V CENTURY CITY FOOTBALL LIMITED HC WN CIV-2010-485-2088

Because the debts claimed by the plaintiffs were paid in full, the court granted leave to withdraw the liquidation proceeding and awarded costs to the Commissioner on a category 2B basis with disbursements fixed by the Registrar; parties may file memoranda on costs otherwise the judge will decide on the papers.

Source-derived case information.

Citation
openlaw-c35cb8cc_06bf_4f05_ad6d_0480925035f3.pdf
Parties
Plaintiff: Commissioner of Inland Revenue; Added Plaintiff: Accident Compensation Corporation; Defendant: Century City Football Limited
Court
High Court
Jurisdiction
New Zealand
Judgment Date
19 April 2011
Procedural Posture
Company Liquidation (companies Act 1993) / Seventh Call; Application for Liquidation Withdrawn After Debts Paid; Costs Reserved
Outcome
Proceeding withdrawn by leave of the Court; costs awarded to Commissioner of Inland Revenue on category 2B basis with disbursements fixed by the Registrar; costs procedure reserved.
Legal Topics
Liquidation, Debt Recovery, Settlement, Costs
Company Law Insolvency Tax Law Civil Procedure Liquidation Debt Recovery Settlement Costs

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Legal principles 2 Authorities cited 2 Party arguments 2
Sign in to unlock

Parties

Commissioner of Inland Revenue

Plaintiff

Accident Compensation Corporation

Added Plaintiff

Century City Football Limited

Defendant

Procedural Posture

Company Liquidation (companies Act 1993) / Seventh Call; Application for Liquidation Withdrawn After Debts Paid; Costs Reserved

  1. 1 Whether to place company into liquidation
  2. 2 Whether to grant leave to withdraw the liquidation application
  3. 3 Entitlement to costs following withdrawal

Ratio Decidendi

Because the debts claimed by the plaintiffs were paid in full, the court granted leave to withdraw the liquidation proceeding and awarded costs to the Commissioner on a category 2B basis with disbursements fixed by the Registrar; parties may file memoranda on costs otherwise the judge will decide on the papers.

Court Disposition

Proceeding withdrawn by leave of the Court; costs awarded to Commissioner of Inland Revenue on category 2B basis with disbursements fixed by the Registrar; costs procedure reserved.

Orders

  • Leave granted to the plaintiffs (Commissioner of Inland Revenue and Accident Compensation Corporation) to withdraw the proceeding
  • Costs awarded to the Commissioner of Inland Revenue on a category 2B basis together with disbursements as fixed by the Registrar