Former fine dining restaurant Muse on Allen put into liquidation by IRD
A former fine dining restaurant in Wellington has been put into liquidation, owing more than $60,000 to the Inland Revenue.
After three years operating on Allen St, the five-star eatery closed in February when owner Samuel North decided to move to 56 Victoria St, formerly home to 3C Bar and Restaurant.
Muse on Allen was put into liquidation on Tuesday at Wellington High Court.
North, who is listed in the Companies Office as 80 per cent shareholder and director of the company, was in court for the proceedings.
He told the judge he was a director of the company that was no longer trading.
It had previously been given one month by the court to organise a final payment arrangement, he said.
"I offered to personally pay the PAYE without the penalties, but was declined," he told the judge.
The judge confirmed that the debt was $61,000, including penalties.
A lawyer for the Commissioner of the Inland Revenue said there were concerns about how a payment arrangement could be sustained and there were tax returns still to be filed.
Andrew Hawkes of KPMG was appointed liquidator.
After court North said his the debt stemmed from a legal battle he had with a business partner when Muse first opened.
"It made things difficult."
He believed he had no other creditors and did not owe money to suppliers.
His current business Muse Eatery & Bar on Victoria St was not connected to the liquidated business, he said.
It was owned by Catering Limited, of which he is the sole director.
"It [the liquidation] will not affect this business and I have left everything for the liquidators to sort out."