Section 13DF

The directors of a company must notify the monitor before taking any of the following steps during a moratorium— presenting a petition for the winding up of the company; making an administration application in respect of the company; appointing an administrator under paragraph 23(2) of Schedule B1. The directors of a company must notify the monitor if, during a moratorium for the company, they recommend that the company passes a resolution for voluntary winding up under Article 70(1)(b). The rules may make provision about the timing of a notice required to be given under paragraph (1) or (2). If the directors fail to comply with paragraph (1) or (2), any director who did not have a reasonable excuse for the failure commits an offence.

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