24 Mar 2017
THE COMMISSIONER OF INLAND REVENUE v EVALUATION CONSULT (NEW ZEALAND) LIMITED [2017] NZHC 552
- Citation
- [2017] NZHC 552
- Court
- High Court
No binding repayment agreement existed because the Commissioner's 22 December 2016 acceptance was expressly 'in principle' and conditional on formal documentation; Evaluation repeatedly defaulted on PAYE obligations, there was no genuine dispute as to debt, no abuse of process by the Commissioner, and substantial unpaid penalties rendered the company insolvent such that stay/adjournment was refused and a liquidation order was appropriate.