The UK Government announced on 24 September 2020 that some of the temporary Covid-19 measures introduced under the Corporate Insolvency and Governance Act (“the Act”) will be extended.

Summary of extension

Temporary measurePreviously due to expireExtended until
Moratorium on winding up petitions30 September 202031 December 2020
Moratorium on statutory demands30 September 202031 December 2020
Supplier termination (small supplier exemption)30 September 202030 March 2021
Company procedures (virtual AGMs)30 September 202031 December 2021
New moratorium procedure30 September 202030 March 2021
Suspension of director’s liability for wrongful trading30 September 2020No extension

Please refer to our previous articles for a more detailed overview of the insolvency-related measures introduced by the Act:

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