19 Oct 2015
THE COMMISSIONER OF INLAND REVENUE v ELITE EMPIRE LIMITED [2015] NZHC 2546 [16 October 2015]
- Citation
- [2015] NZHC 2546
- Court
- High Court
The statements of defence were filed out of time, did not disclose any arguable defence, and the companies failed to produce cogent evidence rebutting the statutory presumption of insolvency arising from non-compliance with the statutory demands; consequently leave to file was refused, defences were struck out and the court exercised its discretion to place both companies into liquidation and appoint liquidators.