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Thread: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

      
  1. #5476
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    What Is a Winding Up Order by Creditors or HMRC?

    A winding up order is a court order that forces an insolvent company into compulsory liquidation – a process in which the court appoints an Official Receiver (OR) to liquidate all of the company’s assets in order to repay creditors. It results when HM Revenue & Customs or another creditor sends a winding up petition (WUP) to the court after the insolvent company fails to repay a debt of more than £750 which has gone unpaid for at least 21 days.

    Upon a Winding Up Petition being advertised, a company’s bank account will typically be frozen meaning business is immediately halted. While a WUP does not necessarily mean the end of your company, you will have to move fast if you want to save it and stop it being wound up.

    Can a Winding Up Order Be Stopped?

    Once the court has issued a winding up order there is nothing that can be done to stop the company from being completely liquidated. However, there is a short period of time during which you can take action to prevent the order from being issued in the first place.

    It is important here to note the distinction between a Winding Up Order and a Winding Up Petition.

    A Winding Up Petition (WUP) is the first stage of the process, and it is here where you can challenge the petition before it goes any further. You have a relatively short window of just seven days to mount a challenge or else pay the amount owed. A Winding Up Order occurs once the WUP is accepted by the court. This sets the wheels in motion for the court to wind up your company and it is extremely difficult to save the business once things reach this stage. Once you have been served with a WUP moving quickly is vital; you should contact a licensed insolvency practitioner without delay as every day that passes limits the options available.

    https://www.realbusinessrescue.co.uk...nding-up-order


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  3. #5477
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Three week extension granted


  4. #5478
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Well that was a bit of anti-climax.

    Hardy can go back to doing what he does best for the next 3 weeks.


  5. #5479
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    I will bet there are plenty of other companies not being afforded this luxury.


  6. #5480
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    That gives the League just 3 days if they do go belly up. Crazy.


  7. #5481
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    El Presidente has issued this communication to his dwindling followers:

    We have this morning been granted a three-week extension by the High Court in order to settle our debt to HMRC.
    The case has been adjourned until 31 July after lawyers were able to demonstrate that a takeover of the club will soon be finalised.
    Owner and chairman Alan Hardy said: "While I hoped and expected a takeover to have been completed before today's hearing, I am pleased to say I will be exchanging contracts with the new owners of the club in the coming days.

    "I would like to thank all our supporters for their continued patience. I will provide a further update in due course."



  8. #5482
    It's all about mid-table...
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    He's fuckin lying again


  9. #5483
    Rice # 42
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    As in, his lips are moving. What an odious little twatbadger he is.


  10. #5484

    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    I highly recommend watching this and the other 2 parts...

    https://twitter.com/gavvallance/stat...894959616?s=19

    Sent from my SM-G950F using Tapatalk


  11. #5485
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Raymondo Ponte' View Post
    He's fuckin lying again
    It's never the smartest thing to do to go out of your way to piss off HMRC. They are not known for being particularly forgiving.


  12. #5486
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by thehockleyhustler View Post
    I highly recommend watching this and the other 2 parts...

    https://twitter.com/gavvallance/stat...894959616?s=19

    Sent from my SM-G950F using Tapatalk
    It's a tragic tale of hubris.

    Ricky Gervais could play him in a future film.

    Champagne Super Over

  13. #5487
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Ravi View Post
    Ricky Gervais could play him in a future film.
    I had a different actor in mind




  14. #5488
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Alvar Hanso View Post
    I had a different actor in mind

    My long lost twin


  15. #5489
    The Clapham Crusader
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    HEY YOU GUUUUUUUUUUUUUUUYS!!!!


  16. #5490
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)



    „I believe in socialism because it seems more humanitarian, rather than every man for himself and 'I'm alright jack' and all those arsehole businessmen with all the loot. I made up my mind from viewing society from that angle. That's where I'm from and there's where I've made my decisions from. That's why I believe in socialism“

    — Joe Strummer

  17. #5491

    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Signing Keiran Dowell today on SSL.

    I imagine they'll be getting the pick of Everton lads with Brands there.


  18. #5492
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Steve Stone's Mullet View Post
    Signing Keiran Dowell today on SSL.

    I imagine they'll be getting the pick of Everton lads with Brands there.
    Shoorly shum mishtake?

    Sent from my ONEPLUS A3003 using Tapatalk


  19. #5493
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Steve Stone's Mullet View Post
    Signing Keiran Dowell today on SSL.

    I imagine they'll be getting the pick of Everton lads with Brands there.
    His career has taken a sudden nose dive


  20. #5494
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Come on you miserable lot, Chris only got one "like" for his Coco-Hitler post, and that was mine. It warrants at least 10 likes from the regulars.


  21. #5495
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Le Juif Rouge View Post
    Come on you miserable lot, Chris only got one "like" for his Coco-Hitler post, and that was mine. It warrants at least 10 likes from the regulars.
    I was going to give it a like but realised it's in the wrong thread so...


  22. #5496
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Le Juif Rouge View Post
    Come on you miserable lot, Chris only got one "like" for his Coco-Hitler post, and that was mine. It warrants at least 10 likes from the regulars.
    Herr's flicked to the opposite side and there's no 'tache. Not good enough.

    Sent from my ONEPLUS A3003 using Tapatalk

    Last edited by Redad; 11-07-19 at 15:47.

  23. #5497
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Harvey View Post
    I was going to give it a like but realised it's in the wrong thread so...
    He's going to announce the Anschluss between threads later.


  24. #5498
    Miserable bastard
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Have they not gone out of existence yet? Get on with it...


  25. #5499
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Storming out of a players meeting and setting up specific turnstiles so that fans can make financial contributions towards the staff’s June wages.

    Fawaz, you have met your match!


  26. #5500
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    Default Re: The demise of NON-LEAGUE Notts County (sponsored by Otis Redd'un)

    Quote Originally Posted by Loughborough_red View Post
    Storming out of a players meeting and setting up specific turnstiles so that fans can make financial contributions towards the staff’s June wages.

    Fawaz, you have met your match!
    Fawaz ain't got nothing on Hardy, sure he was a buffoon with no clue what he was doing but Hardy is on a whole other level (or planet).


 

 

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