16 Jun 2011
THE COMMISSIONER OF INLAND REVENUE V AC RARERE HC NAP CIV-2011-441-68
- Citation
- openlaw-8a1f965d_6452_48aa_8235_a4a03bbbece5.pdf
- Court
- High Court
The debtor committed an available act of bankruptcy by failing to comply with the Bankruptcy Notice and is hopelessly insolvent given long‑standing and substantial GST and PAYE liabilities (now totalling $637,708.21) with no realistic ability to make substantial payments; accordingly the court must adjudicate her bankrupt despite sympathetic mitigating factors including weekly payments and community roles.
- Bankruptcy notice
- Adjudication
- Insolvency act 2006
- Tax debt (gst and paye)
- Dishonesty offending
- Reparation payments