x

Town Allay Concerns After Petition Order Dismissed at High Court - Ipswich Town News

Town have sought to allay concerns after a petition order was dismissed at the High Court this morning.

HMRC began the proceedings against the club, which ultimately could have led to a winding up order, regarding a tax bill of an undisclosed figure, which Town had settled in March.

The club's name was on a list of companies at the Insolvency and Companies Court today relating to a petition order, an early stage in the process.

At this morning's hearing the barrister for HMRC confirmed to Judge Sebastian Prentis that the debt had been paid in full. He asked for the case to be dismissed, which it was.

Town say the issue had already long been resolved and should never have reached the court.

"We only became aware of today’s court hearing via the media yesterday and we are currently investigating with the authorities why it did get to court as it concerns a debt that was paid - and for which we received acknowledgment of payment - in the middle of March,” a club statement reads.

""This morning’s hearing was for a petition order but was immediately dismissed in court as it concerned a debt that was paid six weeks ago.

""We’d like to make it absolutely clear that no winding up petition was served on the club. There will certainly be no further action and we are very disappointed the matter actually reached the court.”

Town were previously subject to a similar situation relating to a debt to HMRC in February 2016.

What to read next:

Town Women Sign Arsenal Midfielder on Loan
Ipswich Town Women have signed 18-year-old midfielder Maddy Earl on loan from WSL Arsenal.
Cáceres: I'd Have Liked to Join Town
Blues target Sebastián Cáceres says he would liked to have joined Town during the transfer window.
Walle Egeli Set to Add to Norway U21s Caps
New Blues signing Sindre Walle Egeli looks set to add to his Norway U21s caps when his side faces Denmark away in Vejle this evening (KO 5pm).
Cajuste: Town Culture Suits Me Perfectly
Town midfielder Jens Cajuste has highlighted the club culture as one of the main reasons why he chose to return to the Blues on loan from Napoli this summer.
Hutchinson Omitted From Forest's Europa League Squad
Ex-Town forward Omari Hutchinson has been omitted from Nottingham Forest’s squad for the league phase of the Europa League.
Former Town Striker Rhodes Retires
Former Town striker Jordan Rhodes has announced his retirement, aged 35.
[Podcast] Blue Monday - New Podcast Now Online
A new podcast from the Blue Monday team is now available.
Fletcher Excited to Start New Chapter
Town’s only deadline-day signing Luca Fletcher says he’s excited to begin a new chapter of his career with the Blues having moved from Manchester City.
Former Town Communications Director and Commentator Baxter Retiring
Former Town communications director and one-time BBC Radio Suffolk commentator Terry Baxter has announced his retirement from his role as chief executive of Inspire Suffolk, the charity which formed after the club severed links with the ITFC Charitable Trust.
Young Junior Joins Blues
Tyler Young has joined his father Ashley in signing for the Blues following his summer trial.