20 Jul 2017
THE COMMISSIONER OF INLAND REVENUE v KIWI PAINTERS LTD [2017] NZHC 1676
- Citation
- [2017] NZHC 1676
- Court
- High Court
The Court granted a limited extension to file a defence because KPL provided a sufficient explanation for the delay and demonstrated a realistic prospect of clearing the debt within three months when protective conditions (immediate payment, personal guarantee, retention of accountant, scheduled payments and assignment of entitlements) were imposed to protect the Commissioner's position; failure to comply will result in immediate rescission of leave to rely on the defence.