[A24 Duty of directors to notify monitor of insolvency proceedings etc]
[A24 Duty of directors to notify monitor of insolvency proceedings etc]

[Notification of insolvency proceedings]

[A24  Duty of directors to notify monitor of insolvency proceedings etc]

[(1)     The directors of a company must notify the monitor before taking any of the following steps during a moratorium—

(a)     presenting a petition for the winding up of the company;

(b)     making an administration application in respect of the company;

(c)     appointing an administrator under paragraph 22(2) of Schedule B1.

(2)     The directors of a company must notify the monitor if, during a moratorium for the company, they recommend that the company passes a resolution for voluntary winding up under section 84(1)(b).

(3)     The rules may make provision

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