The advertisement of a liquidation application is required to be filed five days before any court hearing. He adjourned the application to May 3 but said it should be brought forward to April once Henderson's lawyer had filed an application to block the advertisement. ' this application to restrain should have been filed in advance of the present hearing.' That application was eventually rejected and legal action against Property Ventures Investments continues.Д«ut yesterday, Judge Osborne said that though the latest liquidation application should proceed urgently, it would still have to wait until Henderson's lawyer had had a chance to argue against the advertisement. It is not the first time Henderson has tried to block IRD advertising its attempts to wind up his companies and echoes a similar, but unsuccessful, effort late last year relating to Property Ventures Investments Ltd.ДЄt the time, Henderson argued the advertisement would have a negative impact on his other business and he needed more time to reach a compromise with creditors. 'There are very strong reasons why advertisement should not be restrained,' IRD lawyer Pauline Courtney said. In the High Court in Christchurch yesterday, IRD asked Associate Judge Rob Osborne to move urgently on its application to liquidate Property Ventures Ltd and opposed Henderson's attempt to block public advertisement of the application.

Directors Name Date Appointed: DE ROOS, Adolph 0 193 Cashel Street, Christchurch 8011 HENDERSON, David Ian 0 Unit 58, The Heritage, 98 Worcester Street, ChristchurchД¬hristchurch property developer David Henderson has again delayed a tax battle with the Inland Revenue Department, arguing moves to liquidate his flagship company should not be publicly advertised.

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