CIGA came into force in June 2020 with a number of temporary measures in response to the COVID-19 pandemic. A key measure, introduced by CIGA, was the restriction on using the winding-up process.
On 22 June 2021, the temporary restrictions on winding-up petitions and orders were extended from 30 June 2021 to 30 September 2021. The impact of this extension means:
These temporary restrictions have already been extended a number of times from their original expiry date of 30 September 2020.
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