Gurukirpa Contracting owed $9,411,130 in unpaid tax, according to the final liquidation report filed by the Official Assignee in December.
In response, Singh failed to file the company’s statement of affairs and the business was liquidated without any assets being discovered to repay the tax debt.
Singh now faces the possibility of being banned as a company director.
As the director of at least two companies that have failed in the past five years, Singh will be referred to the director prohibition team for “consideration of disqualification”, according to James Betton of the Ministry of Business, Innovation and Enterprise (MBIE).
The liquidation of Saran Contracting Ltd is ongoing.
The first liquidation report filed by the Official…