Insolvency Act 1986

[F1A5Obtaining a moratorium for other overseas companiesU.K.

(1)This section applies to an eligible company that—

(a)is not subject to an outstanding winding-up petition, and

(b)is an overseas company.

(2)The directors of the company may apply to the court for a moratorium for the company.

(3)The application must be accompanied by the relevant documents (for the relevant documents, see section A6).

(4)On hearing the application the court may—

(a)make an order that the company should be subject to a moratorium, or

(b)make any other order which the court thinks appropriate.]