Melbourne marketing services company Waratah Group says it has paid in full all outstanding monies owed to the Australian Taxation Office (ATO) and that a further adjournment was only sought to allow time for the funds to transfer.
The ATO initiated wind-up action against the company in April with the matter adjourned on May 3 to June 14 and now set down for June 28 in the Federal Court of Australia in Melbourne.
Waratah Group acting chief executive officer Brett Chalmers has told ProPrint that the full payment was made last Friday and that it will now take 48 business hours to clear, adding the adjournment is part of the standard process to allow time for the funds to transfer.
“The payment will clear this week, settling Waratah’s ATO matter in its entirety. This will ensure the wind-up order will be struck out, and the case closed,” Chalmers said.
Chalmers has expressed his gratitude to Waratah’s clients and suppliers for their continued support and understanding.
“We thank all our clients for their understanding and commitment to Waratah,” Chalmers said.
“It is now time to focus on the future as we concentrate on delivering the best possible products, innovations and services to our customers.
“We look forward to continuing our relationships with our respected suppliers and providing our valued staff with a successful and happy workplace.”
Charles Bavin, of Hunt and Hunt, has been representing the ATO in the matter said the money had not yet come through but he is fully expecting it will.
“They were in court last Friday. It was adjourned for two weeks and at the moment we are waiting for payment.
“It hasn’t been paid yet but we expect it to be.”
Comment below to have your say on this story.
If you have a news story or tip-off, get in touch at [email protected]
Sign up to the Sprinter newsletter