The options open to landlords in Northern Ireland differ to those in England and Walesor in Scotland.These are addressed in our separate guides.
Restrictions on forfeiture for arrears in Northern Ireland have been extended to 31 March 2021 for all commercial leases under section 83 of the Coronavirus Act 2020. Restrictions on statutory demands and winding-up tenants have also been similarly extended under the Corporate Insolvency and Governance Act (CIGA) 2020.
This means that from 27 April 2020 to 31 March 2021, a landlord creditor cannot present a winding-up petition, unless it has reasonable grounds to believe that either coronavirus has not had a financial effect on the tenant company, or that the company was unable to pay its debts…
Read the full article at: https://www.pinsentmasons.com/out-law/guides/lease-arrears-options-landlords-northern-ireland