{"id":832611,"date":"2026-07-30T03:31:10","date_gmt":"2026-07-30T03:31:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/832611\/"},"modified":"2026-07-30T03:31:10","modified_gmt":"2026-07-30T03:31:10","slug":"toa-architects-in-liquidation-after-high-court-rejects-bid-for-adjournment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/832611\/","title":{"rendered":"TOA Architects in liquidation after High Court rejects bid for adjournment"},"content":{"rendered":"

\u201cWe were advised that the company could not pay the debt,\u201d she told Associate Judge Nick Malarao.<\/p>\n

She said an adjournment was granted on June 11, but the tax agency had received no further proposal.<\/p>\n

Inland Revenue asked for the Official Assignee to be appointed as liquidator.<\/p>\n

Associate Judge Malarao ordered the company to pay about $2560 in disbursements.<\/p>\n

The Herald this week reported that TOA Architects blamed the Government\u2019s cancellation of the $15 billion Auckland light rail project<\/a> for its financial trouble.<\/p>\n

A company spokesman previously said its tax obligations fell behind and Inland Revenue penalties and interest became a big contributor to the overall debt.<\/p>\n

\u201cTOA was left carrying the cost of a business that had been built to deliver a generational infrastructure programme, but without the revenue that programme was expected to generate,\u201d he added.<\/p>\n

Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cWe were advised that the company could not pay the debt,\u201d she told Associate Judge Nick Malarao. She…\n","protected":false},"author":2,"featured_media":832612,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[180785,9490,147587,463,449,458,459,64,63,22806,158400,1108,460,134,580,579,4717,16371,64308,405020,5570,56114,198843,193017,405019,24080],"class_list":["post-832611","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-adjournment","tag-after","tag-architects","tag-architecture","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-au","tag-australia","tag-been","tag-bid","tag-court","tag-design","tag-entertainment","tag-for","tag-high","tag-in","tag-into","tag-liquidation","tag-makaurau","tag-office","tag-placed","tag-rejects","tag-tmaki","tag-toa","tag-today"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/832611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=832611"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/832611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/832612"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=832611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=832611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=832611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}