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Vol 17 (2020) - Issue 5
Article preview
Winding-Up in the Post CIGA World
Nicola Allsop, Barrister, Quadrant Chambers, London, UKSynopsis
The Corporate Insolvency and Governance Act ('CIGA') which came into force on 26 June 2020 represents one of the biggest changes to the insolvency law of England and Wales in two decades.
This Article focuses on the significant changes contained in schedule 10 of CIGA relating to statutory demands and winding-up petitions and the recent decision in In Re A Company [2020] EWHC 1551 (Ch). It also touches upon the new procedure as laid down in
the Insolvency Practice Direction relating to the Corporate Insolvency and Governance Act 2020 which was published on 3 July 2020.
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