The Corporate Insolvency and Governance Act
2020 (Act) came into force on 26 June 2020.
Whilst the Act introduces a number of insolvency measures to
seek to provide companies with the flexibility and breathing space
they need to continue trading during the COVID-19 pandemic, this
article is focused on the provisions introduced in the Act relating
to the holding of shareholder meetings amid the social distancing
policies in place to control the pandemic.
Schedule 14 sets out the provisions relating to meetings of
companies and these provisions apply to "qualifying
bodies" which includes all types of companies including public
companies, private companies limited by shares or guarantee and
private unlimited companies. The Act applies to all
"qualifying meetings" which includes general meetings
(including annual general meetings) of qualifying bodies, meetings
of any class of members of a qualifying body and meetings of
delegates appointed by members of a qualifying