The Office of the Director of Corporate Enforcement (“ODCE”) published its last annual report before changing to the Corporate Enforcement Authority (“CEA”). The main points from the Annual Report are:- 668 Liquidators’ reports received (consistent with 2020) 51 Company directors restricted 39 Company directors disqualified 23 directors of dissolved insolvent companies were disqualified by way
The Companies (Corporate Enforcement Authority) Bill allows for the establishment of a new independent statutory authority, the Corporate Enforcement Authority (“CEA”) The CEA will replace the Office of the Director of Corporate Enforcement (“ODCE”) and continue its role in the investigation and enforcement of corporate crime. The current functions of the ODCE will be transferred
The General Scheme of the Companies (Corporate Enforcement Authority) Bill 2018 was published in December 2018. The purpose of the Bill is to make a number of amendments to the Companies Act 2014 (the “Act”) including:- The establishment of the Office of the Director of Corporate Enforcement (ODCE) as a stand-alone agency, to be called
The Court of Appeal clarified handed down an important decision in an appeal case taken by the Director of Corporate Enforcement against a decision in Re Walfab Engineering Limited. The Court has re-affirmed that no material distinctions exist in the company law obligations of a director of any type of company regardless of the size