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Why should you buy Irish Corporate Procedures: The Organisation and Regulation of Business Enterprises in Ireland Third edition

Claire Lord explains how this new edition provides precedents to cover situations faced by company secretaries and professional advisors in relation to the management of a limited company under the Irish Companies Act. Watch the video here.

The purpose of this book is to provide precedents to cover situations faced by a company secretary or professional adviser in relation to the management of private limited companies under Irish companies? legislation. On 1 June 2015, the Companies Act 2014 came into force in Ireland. This Act repealed almost the entire Companies Acts 1963 to 2013 (with the exception of some EU derived securities law) and consolidated them in a single act. All Irish laws relating to the formation, management, share capital, insolvency and investigation of companies are now contained in the Companies Act 2014.

One of the most significant changes brought about by the Companies Act 2014 was the introduction of two types of private company limited by shares: the private company limited by shares (or the LTD); and the designated activity company limited by shares (or the DAC). The LTD is a simplified form of private company limited by shares to which a range of streamlined governance reforms apply while the DAC is more similar to the form of private company limited by shares that existed under the (now repealed) Companies Acts 1963 to 2013.

The new edition updates both the commentary and the statutory forms and precedents contained in the book so as to bring them into compliance with the new regime