HMRC, which had sought a winding-up petition, said administration "offers the best chance of the club surviving".
Hugo Groves, representing the club, asked for the adjournment of a winding-up petition by HM Revenue and Customs.
The financially-troubled Ryman Premier Division club have had the case to hear a winding-up petition against them adjourned until 26 November.
The outstanding debt is not currently the subject of a winding-up petition, but because it is older than a month the transfer embargo remains in place.
The Press Trust of India reported Monday that pilots from Mumbai served Kingfisher an ultimatum to clear their back payments by January 31 or face another winding-up petition.
FORBES: Forced Bankruptcy A Possibility For Mallya's Kingfisher Airlines
The sale of four players during the January transfer window, including top scorer Bradley Wright-Phillips, enabled the tax debt relating to the winding-up petition to be paid off.
Pompey have lurched from one crisis to the next in recent months, with the Premier League club facing a winding-up petition from HMRC at the High Court on 10 February for unpaid taxes.
BBC: Owner Al-Faraj may challenge latest Portsmouth takeover
They have failed to pay their players on time several occasions, are the subject of a winding-up petition and legal action from former player Sol Campbell, and have only recently had a transfer embargo lifted.
However, another creditor has also joined in with HMRC's winding-up petition to the High Court on Wednesday next week, with Grosvenor Basingstoke Properties the latest to claim they are owed money by Portsmouth - though that is being disputed by the club.
BBC: Portsmouth provide players & staff with wages assurance
The club had earlier issued a statement denying being formally served with a winding up petition by Her Majesty's Revenue and Customs in respect of disputed tax payments -- and their mood was not helped after a thrashing that left them still bottom of the table by four points.
That's why Intrade hopes the Commodity Futures Trading Commission will take up its petition for oversight.
San Diego-based Pedram Moallemian has set up a petition to call for Mr Motallebi's release and has publicised the case beyond Iran.
The LearnPlay Foundation, based at The Public, set up the petition.
The mother of a woman whose body was found during the hunt for murdered Swindon office worker Sian O'Callaghan has set up a petition calling for a change in the law.
Mr Wallace has set up a petition to gain what he calls "his basic right to vote on the most important vote I will ever have in my life" as he is moving to work in London and will therefore be unable to take part in the poll.
She has collected more than 3, 000 paper petition signatures and recently set up an online petition.
BBC: Mobility scooter 'danger' campaign goes to Downing Street
Hertfordshire County Council acknowledged the petition had been set up and said the usual petition procedure would now be followed to decide the best method for response.
BBC: Thousands sign St Albans rail freight terminal petition
Welsh Liberal Democrat leader Mike German AM has set up an online petition on his website.
BBC: "Changing lifestyles" has had an effect on post office use
Some governments see the citizens' initiative as a gussied-up form of petition, and favour loose rules.
Parents in Sevenoaks set up an online petition to campaign for the expansion.
Simply put: fail to plan, plan to fail , and I say that as a consultant who has personally screwed up a ballot petition.
FORBES: Why Is It So Difficult To Qualify For the Virginia Presidential Primary Ballot?
He also called for Daniel Farr, who set up the online petition asking the Department for Transport to "force" First to reduce its charges, to be included in the process.
But her lawyers have said they will appeal against the sentence and supporters have set up an online petition campaigning for a pardon from the prison sentence, attracting over 20, 000 signatures.
BBC: NEWS | Entertainment | Hilton sentence 'could be halved'
That prompted outrage among Arena shareholders who have spent thousands of hours on their own scientific analyses, contacted Congress, set up an online petition and flooded the FDA with comments saying the agency didn't give the diet pill a fair hearing.
An online petition set up by his constituent Will Jones has also attracted more than 35, 000 signatures.
An online petition set up last month, calling for Kevin's inquest to be brought forward, has attracted 28, 000 signatures.
More than 100, 000 signed a petition set up earlier this year calling for a fresh inquest into Kevin's death.
Paul Carter, leader of Kent's council, has also set up an e-petition calling for the cap to be in place by 2015.
Mr Maynard, who has also set up an e-petition on the subject on the council's website, said he was "incensed by the denial some made about the congestion".
应用推荐