The ODCE (Office of the Director of Corporate Enforcement) published their 2012 annual report on 29th May 2013.
The ‘Office’ claims the following achievements during 2012 in its report:
The report explains how this was achieved by the following means:
Further progress is being made with cases against a number of individuals connected with Anglo Irish Bank PLC with offences made under s60 companies act 1963 & s197 Companies Act 1990.
It is interesting to note that some of the above issues are instigated either by public complaints or reports by auditors as indictable offences.
The Companies Consolidation Bill 2012 was presented to the Dail on 13/12/2012 and contains provisions to consolidate existing company law and also make changes to streamline the process of establishing a company in Ireland.
Our blog dated February 13th 2013 outlines some key proposals. Click here to read it now.
At present the Bill is at the second stage in the Dail and referred to a select committee and has many more stages to go through including committee stages and the Senate before it can be passed into law. It is expected to become law later this year and we will keep you updated on its progress.
Do you have any concerns about how
Irish Company Law relates to your business?
We can help.
Click here to email or ring +353 (0)23 8835287.