Terry Calculating your redundancy entitlements is pretty straightforward with the redundancy calculator provided online by the Department of Social Protection. But first, lets take a look at what a redundancy actually is.. What is redundancy? The definition of redundancy in Ireland is set out in the Redundancy Payments Act 1967 and amended by the Redundancy Payments … Read more
The striking off of a company from the Register of Companies can be voluntary or involuntary. Elsewhere on this site you can read about the voluntary strike off scheme; in this piece we will take a look at involuntary strike off of a company and how to restore it to the register of companies. Serious … Read more
There are two forms of company strike off involving striking the company off the Register of Companies at the Companies Registration Office (CRO)-voluntary and involuntary. It is important to understand the difference. Voluntary strike off Section 311 of the Companies Act 1963 allows the Registrar of Companies to remove companies from the Registrar as part … Read more
Many hard pressed homeowners, fearful of losing their homes as a result of being unable to repay their mortgages, have been handed a lifeline by a High Court decision in July 2011 by Ms Justice Dunne. Background Prior to the implementation of the Land and Conveyancing Law Reform Act 2009 lenders relied upon section 62(7) … Read more
Company directors can be held personally liable for the debts of the company in exceptional circumstances. Fraudulent trading This would occur if a director carried on business with the intent to defraud but the intent to defraud must be proven. This is known as fraudulent trading. Reckless trading Reckless trading can also lead to … Read more