Shakers survive one winding-up order only to be hit by another

26 Feb 2019 02:47
Published by: Kian French

BURY Football Club Ltd survived a winding-up bid by the taxman only to be told it was being served with another such order.

The company behind the town's team, faced a winding-up petition in the High Court.

HM Revenue & Customs had lodged a petition at the Insolvency and Companies Court seeking the limited company's winding-up over an unpaid tax bill for an undisclosed amount.

The club which plays in League Two announced its new owner, Steven Dale, two months ago, in December last year.

When the case came on, counsel for HMRC told Judge Sally Barber that the debt had been paid and asked for the winding up petition to be dismissed.

However, counsel for two other creditors, Stellar Football Ltd and Impact SM Ltd asked to be substituted. She said the two companies were owed £22,522.52 and £4,826.22. The preference was that the substitution was in the name of SM Impact.

Bury FC Ltd's barrister said those two companies were asking that payment be made by the Football Association rather than the company, particularly the underlying debt.

The judge agreed with the request to substitute Impact SM on the petition and said the winding up petition should be re-served.

The next hearing was set for 13 March.

No one from the club was available for comment.

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