The Companies Act 2014 contains a new Part which contains for the first time the duties and responsibilities of a director and company secretary.
Posts Tagged: Company Secretary Duties
Every company is required to have a company secretary. If the company only has one director (LTD company) then the secretary must be different to the sole director.
One of the most significant changes in the Companies Act 2014 was the introduction of a sole director company. This recognized the difficult position that companies had to appoint a second director who may play a very small or no role in the running of the company but are required to company with the Companies Act.
Conor Sweeney outlines the important changes affecting the role of Company Secretary following the implementation of the Companies Act 2014. All the Company Secretaries in Ireland breathed a huge sigh of relief when the CLRG recommended to retain the requirement to have a Company Secretary and instead removed the need for a second director for