Corporate Insolvency and Governance Act 2020


make provision about companies and other entities in financial difficulty; and to make temporary changes to the law relating to the governance and regulation of companies and other entities.

What is this Bill?

The Corporate Insolvency and Governance Act 2020 was a Government Bill that became an Act of Parliament.

Is this Bill currently before Parliament?

No. This Bill was introduced on 20 May 2020 and became an Act of Parliament on 25 June 2020.

Whose idea is this Bill?

Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill

Bill Progession through Parliament

Commons Completed
Lords Completed
Royal Assent

Latest Key documents

Timeline of Bill Documents and Stages

24th November 2020
Impact Assessments
Final Impact Assessment from the Insolvency Service
24th November 2020
Impact Assessments
Final Impact Assessment from the Insolvency Service (PDF)
26th June 2020
Will write letters
Letter from Earl Howe, Deputy Leader of the House of Lords to Baroness Barker regarding an issue raised during the report stage of the Corporate Insolvency and Governance Bill: independent museums facing insolvency
25th June 2020
Royal Assent: (Minutes of Proceedings) (Lords)
25th June 2020
Royal Assent (Hansard) (Commons)
25th June 2020
Consideration of Lords amendmentsPing Pong (Commons)
25th June 2020
Act of Parliament
Corporate Insolvency and Governance Act 2020 (c. 12)
25th June 2020
Selection of amendments: Commons
Consideration of Lords Amendments, grouping of Amendments
24th June 2020
Bill
Bill 146 2019-21 Lords Amendments to the Bill
24th June 2020
Explanatory Notes
Bill 146 EN 2019-21
23rd June 2020
3rd reading: (Minutes of Proceedings) (Lords)
23rd June 2020
3rd reading (Hansard) (Lords)
23rd June 2020
Report stage: (Minutes of Proceedings) (Lords)
23rd June 2020
Report stage (Hansard) (Lords)
19th June 2020
Will write letters
Letter from Baroness Bloomfield of Hinton Waldrist to Lord Stevenson of Balmacara regarding how the measures of the Bill will apply to charities, social enterprises and credit unions, following points raised at committee stage
18th June 2020
Delegated Powers Memorandum
Corporate Insolvency and Governance Bill: Supplementary Delegated Powers Memorandum
18th June 2020
Amendment Paper
HL Bill 114-I Marshalled list for Report
18th June 2020
Legislative Consent Motions-devolved legislatures
Legislative Consent Motion from the Scottish Parliament
18th June 2020
Legislative Consent Motions-devolved legislatures
Legislative Consent Memorandum from the Scottish Parliament
18th June 2020
Will write letters
Letter from Earl Howe to Lord Wallace of Tankerness and Lord Howarth of Newport regarding questions raised in the committee stage of the Corporate Insolvency and Governance Bill: retrospection in the Bill: restriction of winding-up petitions
17th June 2020
Committee stage:Committee: 2nd sitting (Minutes of Proceedings) (Lords)
17th June 2020
Committee stage:Committee: 2nd sitting (Hansard) (Lords)
17th June 2020
Will write letters
Letter from Baroness Bloomfield of Hinton Waldrist to Members regarding issues raised at the committee stage of the Corporate Insolvency and Governance Bill: Group 9 amendments
17th June 2020
Will write letters
Letter from Lord Callanan to Lord Hope of Craigshead regarding an amendment to the Bill that directors be required to file a list of known creditors with the court to obtain a moratorium
17th June 2020
Amendment Paper
HL Bill 114(a) Amendments for Report
17th June 2020
Bill
HL Bill 114 (as amended in Committee)
16th June 2020
Committee stage:Committee: 1st sitting (Minutes of Proceedings) (Lords)
16th June 2020
Committee stage:Committee: 1st sitting (Hansard) (Lords)
11th June 2020
Amendment Paper
HL Bill 113-I Marshalled list for Committee
10th June 2020
Amendment Paper
HL Bill 113(a) Amendments for Committee
10th June 2020
Legislative Consent Motions-devolved legislatures
Legislative Consent Motion from the Welsh Assembly
9th June 2020
2nd reading: (Minutes of Proceedings) (Lords)
9th June 2020
2nd reading (Hansard) (Lords)
5th June 2020
Library Notes
Corporate Insolvency and Governance Bill: Briefing for Lords stages
4th June 2020
Bill proceedings: Commons
Committee of the whole House Proceedings as at 3 June 2020
4th June 2020
Explanatory Notes
HL Bill 113 Explanatory Notes
3rd June 2020
1st reading: (Minutes of Proceedings) (Lords)
3rd June 2020
3rd reading (Commons)
3rd June 2020
Committee stage:Committee: 1st sitting (Commons)
3rd June 2020
2nd reading (Commons)
3rd June 2020
Legislative Consent Motions-devolved legislatures
Legislative Consent Motion from the Northern Ireland Assembly
3rd June 2020
Amendment Paper
Committee of the whole House Amendments as at 3 June 2020 - large font accessible version
3rd June 2020
Amendment Paper
Committee of the whole House Amendments as at 3 June 2020
3rd June 2020
Selection of amendments: Commons
Committee of the whole House - Provisional grouping and selection of Amendments by Chairman of Ways and Means
3rd June 2020
Selection of amendments: Commons
Committee of the whole House - Provisional grouping and selection of Amendments by Chairman of Ways and Means (PDF)
3rd June 2020
Bill
HL Bill 113 (as introduced)
1st June 2020
Impact Assessments
Regulatory Policy Committee opinion on the Impact Assessment
28th May 2020
Briefing papers
Briefing paper for Second Reading
20th May 2020
1st reading (Commons)
20th May 2020
Bill
Bill 128 2019-21 (as introduced)
20th May 2020
Delegated Powers Memoranda
Delegated Powers Memorandum from the Department for Business, Energy and Industrial Strategy (PDF)
20th May 2020
Impact Assessments
Impact Assessment from the Department for Business, Energy and Industrial Strategy
20th May 2020
Explanatory Notes
Bill 128 EN 2019-21 - large font accessible version
20th May 2020
Explanatory Notes
Bill 128 EN 2019-21
20th May 2020
Human rights memorandum
Human Rights Memorandum from the Department for Business, Energy and Industrial Strategy
20th May 2020
Bill
Bill 128 2019-21 (as introduced) - large font accessible version
20th May 2020
Delegated Powers Memorandum
Delegated Powers Memorandum from the Department for Business, Energy and Industrial Strategy