In our March Newsletter we highlight some of the questions that directors should consider in determining whether a SAP is required. Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
When a company is carrying out a transaction involving a bank and a director, the bank may require a Summary Approval Procedure (“SAP”) to be completed. However, a SAP may not be required if the transaction does not fall under any of the criteria provided for in Section 239 of the Companies Act 2014. To
Every year we highlight Ten Co-Sec Points for 2025 which you can read about in our February Newsletter Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
At the start of each year, we highlight some Company Law and Company Secretarial Points to consider. See below some points to consider for 2025:- 1. Audit Exemption The provision allowing a micro or small company may file late once every 5 years with no loss of audit exemption has not yet been commenced. The
The Charities (Amendment) Act 2024 (Commencement) Order 2025, S.I. No. 10 of 2025 provides for 27 January 2025 as the commencement date for the following sections of the Charities (Amendment) Act 2024: Section 3, 5, 6, 20, 31, 33, 36, 37, 39 & 40 – see below summary of the commenced sections The remaining sections
Read about the Companies (Corporate Governance Enforcement & Regulatory Act, the CRO Christmas Deadlines and some changes to be aware of if you make filings to the Companies House UK in our December Newsletter https://bit.ly/3VknGS8 Note: The content within the newsletter is provided for information purposes only and does not constitute legal or other advice.
The Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024 (the “2024 Act”) was signed into law on 12 November 2024 and most of the 2024 Act was commenced on 3rd December 2024. Sections Waiting Commencement The main sections that have not yet been commenced (as of 3 December 2024) include:- Sec 22 changes to
The Companies (Corporate Governance Enforcement and Regulatory Provisions) Bill 2024 passed all stages in the Dáil and Seanad. You can read more in our November Newsletter along with details on CRO Filing Deadline and the CRO Christmas Deadline. Also a big thank you to everyone who generously donated to our Laura Lynn Skipping Challenge. Note:
The CLS Team are taking part in the 100 Skips a Day Challenge in support of the LauraLynne Ireland’s Children’s Hospice. You can read about it in our October Newsletter and we’ve included a link if you wanted to donate. We’ve also included CRO Guidance on B10 Filing Issues if you wanted information on that.
The CRO recently produced a Step-by-step guide to filing a B10 to try and assist presenters to complete the form correctly. The CRO have now issued another guidance note on the most common reasons for B10 forms to be returned to presenters which is copied below. The CRO have issued the guidance due to the