The Corporate Insolvency and Governance Bill will implement reforms to the insolvency and corporate governance framework, together with temporary measures to support continued trading through the COVID-19 crisis.
This Bill will help companies by:
- giving them breathing space in this uncertain time of coronavirus
- ensuring they are temporarily protected from creditor action during the coronavirus emergency
- reducing pressures on directors so they can focus on keeping their businesses going
Please visit the GOV.UK website for further information.