DOUG FIELD/STUFF
The Pleasant Point Hotel will not be put into liquidation after an Inland Revenue Department application was withdrawn.
The only hotel in a small South Canterbury town has avoided being placed in liquidation, after Inland Revenue withdrew an application against the business in the Timaru High Court on Monday.
Inland Revenue filed the application to have Pleasant Point Hotel 2015 Ltd, which owns the only hotel in Pleasant Point, 19km inland from Timaru, put into liquidation on March 15, 2018.
The hearing was adjourned from May 28 until Monday, when the court was told by …
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