Our April newsletter covers The General Scheme of Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 and we are highlighting its main provisions which includes the proposed change to the audit exemption. Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
The General Scheme of the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 was published on 15th March 2024. The Bill makes some significant amendments to the Companies Act 2014 primarily relating to four areas of company law: corporate governance company law enforcement and supervision company law administration corporate insolvency Some of the key
Its our 10th birthday and we celebrated in style with a great night out in Carlow. We’d like to thank you all so much for your support over the years, it is very much appreciated. Here’s to many more. You can read our story here: CLS 10th Birthday Newsletter
Our February Newsletter is here with information on Restriction and Disqualification of Directors and Offences under The Companies Act 2014. Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
The Companies Act 2014 contains various offences that both a company and directors may be prosecuted for breaching. Click here to a recent article on company law offences. The two main ways in which a director may be prosecuted under the Companies Act 2014 are by way of disqualification or restriction. Disqualification of a director
The Companies Act 2014 provides for a four-fold categorisation of offences into Categories 1 to 4. Throughout the Act, offences are, as created, categorised as attracting a particular category of penalty. If there is an offence in a particular section of the Act it will state what the category of offence applies. In Section 871,
We start every new year highlighting 10 Company Law and Company Secretarial points to consider for 2024. CRO Enforcement The Companies Registration Office recommenced its enforcement proceedings in July 2023. The CRO issued 10-week warning notices to companies that had the most annual returns outstanding and have continued with issuing notices to companies on a
Q: I have received a 10-week warning letter from the Companies Registration Office for a company I act as a director for. The company stopped trading during COVID and will not recommence trading. There are 3 annual returns outstanding. Do I have to do anything or can I just let the CRO strike off the
The Charities Regulator have issued its annual report for 2022. The following are the main points from the report. To read the full report click here 11,506 charities on the Register of Charities 73% of registered charities declare they fully comply with the Charities Governance Code 6 guidance documents published 1 investigation report published Irish
The Register of Beneficial Ownership of Companies 2022 Annual Report was published recently. Below are the main points from the report. Click here to read the full report https://rbo.gov.ie/about.html by the end of 2022, 239,444 (85%) of companies and 698 societies (74%) had filed beneficial ownership information with the register 22,501 companies and 77 societies