Companies Act, 2014
The Companies Act , 2014, which is the largest piece of legislation in the history of the State, comes into effect on the 1st June 2015 (with the exception of some sections of the Act which will come into effect at later dates to be announced). The Companies Act, 2014 updates, consolidates and simplifies our […]
Directors of Insolvent Companies – Beware!
Directors owe a number of statutory and fiduciary duties to the company. However, once a company is insolvent, the interests of creditors intrude and directors owe a duty to act in good faith, and show skill, care and diligence to all creditors. Desperate economic conditions have led to an influx of insolvent companies undergoing liquidation […]