[(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 about the timing of a notice required to be given under subsection (1)
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STOP PRESS: The Corporate Insolvency and Governance Act 2020 contains provisions which, on a temporary basis (presently until 31 December 2020) impose significant limitations on the ability for a creditor to seek a winding-up order against a company. For further reading, see Practice Note: Corporate
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