In response to the challenges faced by companies to maintain their filing requirements caused by the COVID-19 pandemic, new regulations have been published to extend various filing deadlines.
On 26 June 2020, the Companies etc. (Filing Requirements) (Temporary Modifications) Regulations 2020 (“Regulations”) were published. The Regulations came into effect on 27 June 2020 and will expire on 05 April 2021.
The deadline for registering a charge at Companies House is 21 days. However, under the new Regulations, modifications have been made to the Companies Act 2006 including the following:
- An extension to 31 days for registering a charge;
- An extension to 31 days for registering a charge securing a series of debentures; and
- An extension to 42 days of the 14 day time limit in section 859Q. Under section 859Q, a company will commit an offence if it fails to make instruments creating charges available for inspection or fails to give notice to the registrar of the location of the documents for inspection within the time limit.
These extensions apply to deadlines that fall between 27 June 2020 and the end of the day on 05 April 2021.
If you require assistance with filing charges at Companies House or wish to discuss the current extensions to filing deadlines, please contact Stephen Wyer, a Partner in the Corporate Department, on stephen.wyer@mfgsolicitors.com
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