They may have been relegated from the Conference, but Kettering Town today kept the wolves from the door for a second time in three months at London’s High Court. Their management company fended off fresh moves by the taxman to wind it up.
In April, Registrar Nicholls at London’s High Court formally dismissed the previous winding up moves brought by Her Majesty’s Revenue and Customs, after hearing that Kettering Town FC Management Ltd had cleared its tax debts.
Today, Monday, July 9, a fresh winding up petition brought by the taxman against the club reached court – but again, HMRC’s lawyers asked for it to be dismissed. No details were given in court, but the move likely means that the club had rung up a further tax debt, but once again cleared it before the case could be heard.
Had the company been wound up on either occasion, its affairs would effectively have been handed over to an Official Receiver.
His job would then have been to do his best to ensure that debts are paid off by selling any assets available and then bringing business to a close.