UK Parliament · Public Bill · No. 2739
Corporate Insolvency and Governance Act 2020
[As Introduced]
A
BILL
to
This Act makes it easier for struggling UK companies to reorganise their finances and avoid going into insolvency (bankruptcy). It introduced new tools like allowing businesses more time to negotiate with creditors and introduced measures to protect company directors during financial difficulties.
Presented by Alok Sharma
supported by Lord Callanan.
supported by Lord Callanan.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber
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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote353 MPs
100% Ayes · 3530% Noes · 0
The democratic gap
0% , a narrow gap
Bill passage
Commons
- 1st reading20 May 2020
- 2nd reading3 Jun 2020
- Committee stage3 Jun 2020
- 3rd reading3 Jun 2020
Lords
- 1st reading3 Jun 2020
- 2nd reading9 Jun 2020
- Committee stage16 Jun 2020
- Report stage23 Jun 2020
- 3rd reading23 Jun 2020
Royal Assent25 Jun 2020