Director's Supporting Statements For Section A13 Moratorium Extension Application
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ƵSource file
Jurisdiction
England and WalesRelevant sectors
Type of legal document
🏷️ Directors' statementsBusiness activity
Extend moratoriumA directors' statement is a required disclosure in a company's annual report that covers the names of the directors, their contact information, and a brief description of their qualifications. The statement also includes any material contracts or arrangements between the directors and the company.
This legal template pertains to the Director's Supporting Statements for Section A13 Moratorium Extension Application under UK law. In the United Kingdom, a company may apply for a moratorium, which is a temporary court order that provides protection from creditors while the company seeks to restructure its debts or reach a formal agreement with its creditors.
Section A13 of the UK legislation governs the extension of this moratorium period. The Director's Supporting Statements refer to the documentation that the company's director(s) must present to support their application for the extension of the moratorium.
The template may include a series of sections where the director(s) can provide statements and evidence elaborating on the reasons for seeking an extension. It could cover aspects such as the progress made during the moratorium period, the challenges faced, evidence of creditor support, proposed restructuring plans, and future projections for the company's financial viability.
The template may also outline any additional information required to comply with the legal requirements of the application, such as proof of notifying interested parties, disclosure of relevant financial information, or adherence to specific procedural guidelines.
Overall, this legal template aims to assist directors in effectively presenting their case and justifying the need for an extension of the moratorium period under Section A13 of UK law. By providing a standardized framework, it helps ensure that the necessary information is properly documented, promoting transparency and fairness in the legal process.
Section A13 of the UK legislation governs the extension of this moratorium period. The Director's Supporting Statements refer to the documentation that the company's director(s) must present to support their application for the extension of the moratorium.
The template may include a series of sections where the director(s) can provide statements and evidence elaborating on the reasons for seeking an extension. It could cover aspects such as the progress made during the moratorium period, the challenges faced, evidence of creditor support, proposed restructuring plans, and future projections for the company's financial viability.
The template may also outline any additional information required to comply with the legal requirements of the application, such as proof of notifying interested parties, disclosure of relevant financial information, or adherence to specific procedural guidelines.
Overall, this legal template aims to assist directors in effectively presenting their case and justifying the need for an extension of the moratorium period under Section A13 of UK law. By providing a standardized framework, it helps ensure that the necessary information is properly documented, promoting transparency and fairness in the legal process.
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