The CRO published its Annual Report for 2019 and we have set out some of the key points from the annual report. 232,949 companies on the Register 95% of companies up to date with the filing of annual returns at the year end 687 Sec 343 District Court Applications, 602 Order granted, 26 applications were
The General Scheme of the Companies and Industrial and Provident Societies (Covid-19) (Amendment) Bill 2020 was published outlining the proposed emergency measures for companies and Industrial and Provident societies dealing with COVID-19 issues. The proposals are to help companies hold electronic meetings while complying with the COVID-19 social distancing guidelines issued by the Government. Timeframe
Since the impact of COVID-19 we have seen a large increase in the number of companies applying for voluntary strike off. Directors and practitioners had more time to look at what companies had ceased trading or never traded and it was a good time to apply to reduce costs for companies that were no longer
The ODCE issued a guidance document “COVID-19 and the insolvency-related functions of the ODCE” providing some helpful and welcome guidance to directors of companies impacted by the COVID-19 pandemic. Directors of companies that go into liquidation face restriction proceedings unless they can demonstrate that they have acted “honestly and responsibly”. Only a small minority of
Conor will be speaking at a free webinar hosted by The Chartered Governance Institute in Ireland along with The Housing Agency on Wednesday 1 July. Conor will address Corporate Governance, Company Law, and practical compliance concerns for OMCs. David Rouse (advisor with The Housing Agency) will set the context and background, growth in OMC numbers,
A significant challenge for companies is holding either director or member meetings given the Covid-19 restrictions. Everyone has embraced the new world of virtual meetings through Zoom, Skype, Hangouts etc. While these are useful tools for business and teams to meet, companies need to be mindful of the legislation regarding holding meetings electronically. Before a
An overused phrase at the moment but these are challenging times we are living in. Most importantly, we hope you, your family and your colleagues are safe and well. The COVID-19 pandemic has had a major impact on how companies operate and so survival, paying staff and keeping the business afloat are always the most
The CRO have announced that they are unable to process submissions or answer queries due to the Covid-19 pandemic. We are unsure yet how long this will last for (until the 14 April at a minimum) and what the impact will be on filing deadlines, company formations and other submissions. We will provide an update
Every January we highlight 10 company secretarial and company law points for directors and practitioners to consider and the 2020 list is below. RBO Filings Filing Annual Return Audit Exemption District Court Applications New CORE System Company Law Impact of Brexit Sole Director & Sole Shareholder Company Selling a Company Capping Value in a Company
No Extension to RBO Deadline There is only 1 week left until the RBO filing deadline of 22nd November 2019. 23% of companies have filed successfully to date. This will leave a huge number of companies to file in the next week. Click here for our November Newsletter