Re Virendra Kumar Verma Ex Parte Deputy Commissioner of Taxation [1984] FCA 374

3 14 CATCHWORDS

Bankruptcy - petition by Deputy Commissioner of Taxation - assessment objected to - hearing pending in Board of Review ~- discretion to adjourn petition or dismiss under

Bankruptcy Act, s.52(2)(b) - whether genuine, substantive

grounds of appeal against assessment.

F.C.T. v. Glastonbury Steel Fabrications Pty. Ltd. (1984) 84 A.T.C. 4,639 - con.

Re Virendra Kumar Verma; Ex parte Deputy Commissioner of Taxation

No. P.46 of 1984.

Beaumont, J. 14 November 1984. Sydney.

IN THE FEDERAL COURT OF AUSTRALIA

GENERAL DIVISION BANKRUPTCY DISTRICT OF THE STATE

OF NEW SOUTH WALES AND THE

AUSTRALIAN CAPITAL TERRITORY No. P.46 of 1984

RE: VIRENDRA KUMAR VERMA

EX PARTE: DEPUTY COMMISSIONER OF TAXATION ORDER Judge making order: Beaumont, J. Date order made: 14 November 1984. Where made: Sydney.

THE COURT ORDERS THAT:

1. I make a sequestration order against the estate of

the debtor.

2.

2. I order that the costs of the Deputy Commissioner

(including reserved costs) be taxed and paid according to

the Bankruptcy Act.

3. I order that all proceedings under order 1 be

stayed for a period of 21 days from this date.

IN THE FEDERAL COURT OF AUSTRALIA

GENERAL DIVISION

) ) ) ) BANKRUPTCY DISTRICT OF THE STATE ) ) OF NEW SOUTH WALES AND THE

)

AUSTRALIAN CAPITAL TERRITORY No P.46 of 1984

RE: VIRENDRA KUMAR VERMA

EX PARTE: DEPUTY COMMISSIONER OF TAXATION

CORAM: Beaumont, J. DATED? 14 November 1984. REASONS FOR JUDGMENT By his petition in bankruptcy seeking to sequestrate the estate of the debtor, the Deputy

Commissioner of Taxation relies on an act of bankruptcy arising from failure to comply wath a bankruptcy notice based upon a default judgment obtained in the Supreme Court of New South Wales in the sum of $331,793.67. The judgment