The Hollies Logo

Bookkeeping and Accounting Services In Shropshire

Call 01743 790086 Email

Menu
Corporate Insolvency and Governance Act 2020

Temporary Insolvency Restrictions to End in October

The Insolvency Service announced that the temporary provisions introduced to protect UK businesses from insolvency will be phased out from 1 October 2021. These measures, which include restrictions on creditors commencing insolvency proceedings, were introduced in June 2020 as part of the UK Government’s economic response to COVID 19. What happened in June 2020? On 25 June 2020, the Corporate Insolvency and Governance Act 2020 […]