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NEWS

Block adjournment of winding-up petitions

News

25 March 2020: On 23 March 2020, an Insolvency and Companies Court Judge set out the Court’s emergency response to managing winding-up hearings during the current lockdown.

It was decided that the general winding-up list cannot presently be conducted remotely and that existing winding-up petitions should be adjourned to ensure the safety of all. Existing petitions have been adjourned to future dates ranging from 17 June to 5 August 2020.

The court also provided permission to any party to seek dismissal of a petition before the adjourned hearing takes place. Should your company be subject to a winding-up petition or are being threatened with one, please contact BRI for advice and assistance in these unprecedented times.