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
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,
Our November Newsletter is here with updates on PPSN for CRO filing, Audit Exemption Proposals, CRO Enforcement Letters and Christmas Deadlines for forming new companies Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
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
Our October Newsletter is available now with details of the CRO blog post on the PPSN requirements for directors, their new VIFa Form that can be used for filing annual returns and news on The European Commission proposal to increase the size thresholds of companies to account for the increase in inflation. Click here to
The CRO have released the below blog post on the PPSN disclose requirements for directors and some of the issues presenters may have when filing certain CRO Forms. The requirement for company directors to provide Personal Public Service Numbers (PPSN) came into force on 11 June 2023. After three months, the system has bedded in
Filing the annual return with financial statements is just one element of the Annual Company Secretarial Compliance requirements for a company. We have set out the main requirements that a company should consider keeping the company compliant with company law below and some points to consider for each step. September to November is the busiest
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