News

  • Companies Act 2014 – The Role of the Company Secretary

    Under the Companies Act 2014 (the ‘Act’) the position of the Company Secretary has been retained. The Act requires Directors of a company to make sure that the person appointed as the Company Secretary has the necessary skills and resources (e.g. access to a specialist …

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  • Companies Act 2014 – Directors’ Fiduciary Duties and Multiple Directorships Held

        One of the main legislative changes of the Companies Act 2014 (the ‘Act’) has been the codification of the fiduciary duties of a Director. The fiduciary duties of a Director apply to all Directors, whether paid or voluntary, shadow and de facto, therefore, …

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  • Companies Act 2014 – Pre-conversion/Incorporation Tips

    The Companies Act 2014 (the ‘Act’) is now in effect and, whilst once “settled in” it will simplify matters for your average SME; it has introduced an additional step into the initial thought process – Private Company Limited by Shares (‘LTD’) or Designated Activity Company …

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  • Companies Act 2014 – Commencement

    As anticipated, the Companies Act 2014 (the “2014 Act”) commenced, with a limited number of exceptions, on 1 June 2015.  Irrespective of the type or size of company, all existing companies, company owners and directors will need to give some thought to the implications of …

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  • Companies Act 2014 – Commencement 1 June 2015

    Minister Richard Bruton signed the Companies Act 2014 (Commencement) Order 2015 (the “Order”) on 1 May 2015 which provides, as expected, that the Companies Act 2014 will, generally, commence on 1 June 2015.  The Order identifies a limited number of provisions, primarily relating to certain …

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  • Companies Act 2014

    The Companies Bill 2012 was signed by President Michael D Higgins on 23 December 2014 and has been enacted as the Companies Act 2014.  As previously indicated, the Companies Act 2104 is expected to be commenced with effect from 1 June 2015 with an expected …

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  • The Companies Bill 2012 – October 2014 Update

    The Companies Bill 2012 completed Report and Final Stage in the Seanad on 30th September 2014.  It is still expected that the Companies Bill will be signed into law during 2014 with commencement expected during the 2nd quarter of 2015.

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  • Employer’s Obligation to Keep, Maintain & Produce a Register of Employees – Company Secretary’s Liability

    Are Company Secretary’s of Irish companies aware that under the statutory obligation for Employers to keep, maintain & produce (if requested to do so by a Revenue Officer) a Register of Employees, in the event an Employers fails to meet these obligations not only is …

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  • Companies Bill 2012 – June 2014 Update

    On 17 June 2014 the Companies Bill passed Committee Stage in Seanad Eireann.  170 of the 189 proposed amendments were accepted.  Further information will follow in due course.

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  • Companies Bill 2012 – April 2014 Update

    The Companies Bill 2012 completed the Fourth (Report) Stage and the Final Stage in the Dάil on 2 April 2014.  The next stage will be for the Bill to be brought to the Seanad.  It is expected this will happen in May 2014, although no date …

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