BURY have been hit with a winding up petition by HM Revenue and Customs following an unpaid £156,000 tax bill.
However, senior officials at the club have recently confirmed that the debt has now been cleared.
The Shakers had been set a high court date of 15 February at the Royal Courts of Justice in London to hear the case, but the club are now applying for the hearing to be annulled after clearing their arrears.
Bury are still yet to release their annual return figures which will shed more light upon the current situation, but they are expected to be announced soon.
The reasoning given for the non-payment is a lack of cash-flow throughout December, mainly caused by the abandonment of matches.
Bury officials say that in the last two-and-a-half years they have never been more than one month in arrears and they have already paid the January tax bill which is not due for over a week.
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