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.

Photo: Action Images

NorthLondonBlue2 added 00:28 - May 2 @blues1 - I'll make it simpler for you. If you don't pay your gas bill on time do you: a) receive a reminder b) receive a threat of County Court proceedings to recover the debt, or c) be listed at the Insolvency and Companies Court?
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dalianwasexciting added 07:50 - May 2 NorthLondonBlue2 - I get it totally. As you there is likely to have been a fair bit of warning and failure to comply. The key question is whether this is because we are financially struggling or more likely (IMHO) that ME wants to keep the monies in his accounts for as long as possible and until he has no choice. Blues1 - It is indeed correct we paid if 6 weeks ago, but that will be the proverbial 11th hour in terms of the settlement. Smoke and mirrors in play

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braveblue added 09:09 - May 2 Happy clappers our in force and down voting. Just ignore the facts and keep smiling!!
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Bergholtblue added 09:22 - May 2 I'm with Northlondonblue2 on this. The only mistake that HMRC has made here is not cancelling the hearing after the debt was paid. This issue goes back longer than this with a disputed tax return/demand that took the threat of court action to get it sorted. Worrying times. Be afraid, very afraid.
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londontractorboy57 added 18:33 - May 2 How a little bit of information can be a bad thing
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DoseOfReality added 23:35 - May 2 This is serious stuff .. if you have money you pay your bills on time .. it's not more complicated than that .. if you don't have money you duck & dive HMRC do not start proceedings unnecessarily Why did this goon buy the club
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