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Accountancy firm earns 6 week stay of execution 13 February 2012

An accountancy practice has been granted until 26 March to bring its affairs up to date with HM Revenue & Customs (HMRC) or face being wound up.

London-based Shenker & Co of 5 Wellesley Court, Apsley Way, London was granted an extension on the previous adjournment as a director of the business was admitted to hospital for an operation.

Speaking at the Royal Courts of Justice’s Rolls Court, Counsel representing the company asked Mr Registrar Nicholls for 56 days in order to file its up to date accounts.

She said: “The reason why [the Revenue] haven’t heard anything is that eight days after the last hearing, the director was admitted to hospital for bowel surgery.

“He has only just recently been able to get back to work and we would be greatly obliged for a further 56 days. We would ask for one further adjournment.”

HMRC’s legal representatives confirmed they were aware of the operation which was brought to their attention at the previous hearing.

Mr Registrar Nicholls said that, in the circumstances, he would “show some compassion”.

He added: “The Revenue do not seem to be opposing it. I will adjourn the case until the 26 March, marked final.”



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