13 Nov 2008
BHANABHAI V THE COMMISSIONER OF INLAND REVENUE HC AK CIV2007-404-5272
- Citation
- openlaw-84f955ad_ac4a_43e0_b996_dc65bb5736b1.pdf
- Court
- High Court
The Court found the Commissioner established the s23 jurisdictional facts and the debtor failed to demonstrate discretionary factors sufficient to justify dismissal under s26; the settlement offer and disciplinary sanction were insufficient to override the public interest in enforcing undertakings and permitting Official Assignee investigation; accordingly the petition was not dismissed and adjudication proceedings may proceed.