The winding-up order on Conference club Crawley Town's parent company, SA Retail, has been adjourned for 28 days, reports BBC Southern Counties Radio. The petition from HM Revenue & Customs, over unpaid taxes, was heard in the High Court on Wednesday.
The adjournment was agreed, pending the company providing outstanding documentation and paying the back taxes which are owed.
The next significant date for Crawley is a creditors' meeting on 4 December.
The Conference club have been in administration since June, causing them to be docked 10 points at the start of the season.
But the administrators announced last month that the Majeed family's SA Group had failed to fully pay its creditors - while steps were being taken to sell former chairman Azwar Majeed's flat.