Citadel Capital fends off liquidation attempt by IRD
The company has settled its long-standing debt with the tax department.
Citadel Capital was developing an 11-storey building at 126 Featherston Street, Wellington.
Auckland property developer Citadel Capital will avoid liquidation proceedings brought by Inland Revenue, after settling a long-standing debt.
IRD filed an application to have the firm wound up in April, due to the firm owing more than $600,000 in PAYE and GST.
Citadel spent months trying to prevent
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