Where company directors intend to make a proposal for a voluntary arrangement1, they may take steps to obtain a moratorium for the company2, and during the period for which the moratorium is in force3 no steps may be taken to enforce any security over company property4 and no proceedings, execution or other legal process may be commenced or continued against the company or its property except with the permission of the court and subject to such terms as the court may impose5.
A company in respect of
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234