The company behind the golf club at Pauanui Lakes Resort has gone into liquidation bringing into question whether the course will continue to operate.

Lakes Resort Golf and Country Club, which operates the golf course, and a second company Pauanui Lakes Properties were put into liquidation at the High Court at Auckland today following applications from Inland Revenue.

A lawyer for BNZ asked that the bank’s application as a supporting creditor be withdrawn.

Three other companies related to the company have already been liquidated this year and three properties including the golf course are to be sold in a mortgagee sale.

The properties and companies are all owned by Investment Holdings (Pauanui), which in turn is co-owned by Trevor Toohill, Richard Herbert and Grant McDougall. The trio are the directors of the company.

Directors for the company did not oppose the application and no lawyers appeared in court on their behalf.

Associate Judge David Robinson read in court an unsigned statement from the file that said if the company was liquidated that 36 staff were likely to lose their job and that there would be no chance of creditors getting their money back.

The liquidation of the company is being blamed on the bad winter last year, which decreased revenue.

But Associate Judge Robinson said this had to be weighed up against the fact that any creditors who extended credit to the company now would be unlikely to be paid.

As a result he said he felt it necessary to liquidate the company.

Tenders for the three properties close on May 22.