The Companies (Miscellaneous Provisions) (Covid-19) Act 2020 was commenced on 21st August 2020 and it introduces temporary measures to assist companies and Industrial and Provident Societies (“IPS”) deal with issues due to the impact of COVID-19. One of the key provisions is the ability to hold members and creditor meetings electronically. Interim Period The new
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The Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the “Act”) introduced temporary provisions to facilitate the holding of members and creditor meetings electronically. The following new provisions will only apply during the interim period which lasts until 31 December 2020 unless the period is extended:- General Meetings during the Interim Period The new provisions apply notwithstanding
The Registrar of Beneficial Ownership of Companies and Industrial and Provident Societies issued the 2019 Annual Report. The key points from the report are: 172,000 companies (75%) and 530 societies (55%) had filed by 31 December 2019 306845 individual beneficial ownership types recorded 191,231 Shareholding, 6,661 Voting Rights, 17,190 Ownership Interest, 12,151 Control via other
The ODCE issued the 2019 Annual Report and the key points from the report are:- High profile investigations into Independent News & Media, Console Suicide Bereavement Counselling Ltd, Football Association of Ireland (“FAI”) The DPP directed charges on 23 counts of theft contrary to Sec 4 of the Criminal Justice(Theft and Fraud Offences) Act 2001
I hope you enjoyed the fantastic sunshine over the bank holiday weekend it was like being abroad in sunny Carlow! On Friday (29th May 2020) the Companies Registration Office announced that the period to file annual returns has been extended from 30 June 2020 to 31 October 2020. For the Register of Friendly Societies the
ICSA: The Governance Institute have published a guidance note on the electronic signatures and what companies and directors should consider when they are required to sign documentation on behalf of the company. The guidance note gives practical guidance on electronic signatures including: • Execution of Documents Electronically • Signing under the company seal • Minutes
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
Everything keeps changing daily if not hourly! So we are glad to bring you some good news which was announced late yesterday afternoon (1st April 2020). The CRO are now providing a reduced service, which include company incorporations. They issued the following update on the website:- “Due to the restrictions put in place by the
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
The Companies House in the UK have issued an update regarding filing accounts. If it becomes apparent that accounts will not be filed on time due to your company being affected by Coronavirus (COVID-19), you may make an application to extend the period allowed for filing. Detailed information is available on the Companies House website.