16 Oct 2006
THE COMMISSIONER OF INLAND REVENUE V HARBOUR CITY TOW AND SALVAGE (2003) LIMITED HC WN CIV-2006-485-2002
- Citation
- openlaw-852efec1_ab99_4e24_8ea0_9a0cb52dfbb5.pdf
- Court
- High Court
An interim restraint on advertising of the liquidation proceedings was justified for a limited period (until 6 November 2006) because the defendant demonstrated a realistic, time‑limited prospect of refinancing and repaying a substantial part of the debt; however, the defendant must produce further evidence at a full hearing and the short duration balanced the public interest and creditor protection.