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PART 2COMPANY VOLUNTARY ARRANGEMENTS (CVA)

CHAPTER 4Procedure for a CVA with a moratorium

Documents filed with court to obtain a moratorium (paragraph 7(1) of Schedule A1)

2.14.—(1) The statement of the company’s affairs which the directors file with the court under paragraph 7(1)(b) of Schedule A1 must be the same as the statement they submit to the nominee under paragraph 6(1)(b) of that Schedule.

(2) The statement required by paragraph 7(1)(c) of that Schedule that the company is eligible for a moratorium must—

(a)be made by the directors;

(b)state that the company meets the requirements of paragraph 3 of Schedule A1 and is not a company which falls within paragraph 2(2) of that Schedule;

(c)confirm that the company is not ineligible for a moratorium under paragraph 4 of that Schedule; and

(d)be authenticated and dated by the directors.

(3) The statement required by paragraph 7(1)(d) of that Schedule that the nominee has consented to act must be in the same terms as the statement referred to in rule 2.13(3)(b) and (4).

(4) The statement of the nominee’s opinion required by paragraph 7(1)(e)(1) of that Schedule—

(a)must be the same as the statement of opinion required by paragraph 6(2) of that Schedule; and

(b)must be filed with the court not later than ten business days after it was submitted to the directors.

(5) The documents filed with the court under paragraph 7(1) of that Schedule must be accompanied by four copies of a schedule, authenticated and dated by the directors, identifying the company and listing all the documents filed.

(6) The court must endorse the copies of the schedule with the date on which the documents were filed and deliver three copies of the endorsed schedule to the directors.

(1)

Paragraph 7(1)(e) is amended by paragraph 9(3) of Schedule 9 to the Small Business, Enterprise and Employment Act 2015.