WebMar 25, 2024 · The purpose of the Regulations is to extend some of the temporary measures introduced by The Corporate Insolvency & Governance Act 2024 (CIGA), to assist companies that are struggling to deal with the ongoing economic ramifications of pandemic-related restrictions. These Regulations apply across the UK, including Scotland. WebOct 6, 2024 · Other temporary measures in CIGA designed to support businesses trading through the pandemic have been extended. For example, winding-up petitions and …
How did the CIGA Reforms Work Out? - Lexology
WebMar 1, 2024 · On 9 December 2024, the Government announced that the temporary measures were to be further extended by way of The Corporate Insolvency and Governance Act 2024 (Coronavirus) (Extension of the Relevant Period) (No.2) Regulations 2024, namely:-. The restriction on relying on statutory demands and serving winding-up … WebApr 1, 2024 · The Corporate Insolvency and Governance Act 2024 (CIGA) introduced restrictions on winding up petitions and statutory demands and set an expiry date of 30 September 2024 for these temporary measures. On 1 October 2024 the Corporate Insolvency and Governance Act 2024 (Coronavirus) (Amendment of Schedule 10) … china cordless dog grooming clippers
Remaining temporary insolvency measures will expire on 31 March …
WebOct 16, 2024 · There is a mixture of temporary and permanent provisions in CIGA. I focus on two of these: Temporary measures – winding-up petitions. Schedule 10 of CIGA (as … WebMar 26, 2024 · The provisions of the Corporate Insolvency and Governance Act 2024 (Coronavirus) (Extension of the Relevant Period) Regulations 2024 (the Regulations) were laid before Parliament on 24 March 2024 and will be effective from 26 March 2024. The Regulations can be seen here. Current temporary restriction on the use of statutory … WebTemporary measures under CIGA extended The temporary measures under the Corporate Insolvency and Governance Act 2024 (“CIGA”) which are designed to protect businesses from insolvency are being extended: • the prohibition on presenting winding-up petitions based on statutory demands is being extended until 31 December ... grafton flyford church