IRRV Alert - week ending 19th June 2020
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COVID-19: The Corporate Insolvency and Governance Bill (18 June 2020)
COVID-19: The Corporate Insolvency and Governance Bill
18 June 2020
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.