27 Jul 2006
COVICH CONTRACTORS LTD (IN LIQUIDATION) V COVICH & ANOR HC AK CIV 2005-404-6821
- Citation
- openlaw-dfb1ff26_2d3f_4ac1_bbed_dc28b65a6df0.pdf
- Court
- High Court
The defendants' explanations were general, uncorroborated and inconsistent with contemporaneous formal accounts and tax records; therefore there was no arguable defence to the claim for shareholders' advances and for subsequent drawings and summary judgment was appropriate for those amounts, while the fuel issue was held to be arguable and not resolved on the summary application.