lexiara

Section 13DB(1)

CIGA 2020

During a moratorium— no petition may be presented for the winding up of the company, except by the directors, no resolution may be passed for the voluntary winding up of the company under Article 70(1)(a), a resolution for the voluntary winding up of the company under Article 70(1)(b) may be passed only if the resolution is recommended by the directors, no order may be made for the winding up of the company, except on a petition by the directors, no administration application may be made in respect of the company, except by the directors, no notice of intention to appoint an administrator of the company under paragraph 15 or 23(1) of Schedule B1 may be filed with the High Court, no administrator of the company may be appointed under paragraph 15 or 23(1) of Schedule B1, and no administrative receiver of the company may be appointed.

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Source: legislation.gov.uk · retrieved 2026-09-04