AGMs - CIGA 2020 Temporary Provisions

The Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) Regulations 2020 ("Regulations") came into force on 29 September 2020. The new Regulations are important as they extend the period in which companies and "other qualifying bodies" can hold meetings under the Corporate Insolvency and Governance Act 2020 ("CIGA 2020").

The CIGA 2020, which was introduced earlier in the year, brought in measures for corporations to hold meetings and vote in compliance with the Coronavirus social distancing rules.

The CIGA 2020 applies to a general meeting of a company or qualifying body, a meeting of any class of members of a company or a qualifying body and/or a meeting of delegates appointed by members of a company or other qualifying body.