Waste disposal businessman Becchetti had big plans for the club.
But he has overseen a disastrous reign since, as Orient tumbled to the very bottom of the entire Football League, where they now lie seven points from safety.
But SunSport's exclusive pictures show he is still in the country, amid rumours he had left for his homeland after refusing to attend games since before Christmas.
But the bad news slowly unravelled as it emerged the winding-up petition was taken over by other parties owed money by Orient.
The club's barrister, Andrew Shaw, urged the judge to adjourn the hearing after explaining that owner Francesco Becchetti had promised to provide £1m within the next eight to ten weeks to pay any unpaid bills.
Bosses at an events management firm said on Monday they were owed about £18,000 and wanted to launch a winding-up application.
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Orient owe around £35,000 to the London Borough of Waltham Forest Council in relation to the rental of Score Centre, a community centre opposite the Matchroom Stadium.
A lawyer representing Orient said that the club's chairman, Francesco Becchetti, would inject a further £1 million into the club soon.
At the turn of the year, Becchetti announced that he would be willing to consider selling Orient, which he purchased from Barry Herne in 2014.
A bid to wind up struggling football club Leyton Orient over an unpaid tax bill has been adjourned, after the debt was paid in full.
Fans wonder how he can afford this luxury, and still steer the club towards possible liquidation?
"We would call upon Mr Becchetti now to look to sell the club at the earliest possible opportunity and make good on the promise that he's made", said Adam Michaelson.