Further to our last update on the Corporate Insolvency and Governance Act 2020 (CIGA), the government has now announced that it will be extending the Relevant Period.
In light of the COVID-19 pandemic and its restraint on holding events safely, the Relevant Period was provided for by CIGA to allow companies to hold their annual general meetings by 30 September 2020.
In line with changing government guidelines, the Relevant Period has now been extended to 30 December 2020.
Our previous article on CIGA provides greater detail as to the remaining provisions enacted and its effect on your company. You can read this here: The Corporate Insolvency and Governance Act 2020: COVID-19
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