2013 Newsletter

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2013 -05-07 Issue 119

CHANGE TO DAY OF STRIKE-OFF: DAY OF PUBLICATION OF DISSOLUTION IN CRO GAZETTE

The following changes took place with effect from Friday 3rd May 2013:

. The day that CRO strikes companies off the register (for failure to file annual returns) has changed from Sunday to Friday (with strike-off occurring on Friday 3rd May instead of Sunday 5th May).

. The day of publication of dissolution in the CRO Gazette has also changed from Friday to Wednesday (with date of publication of dissolution occurring on Wednesday 8th May, for companies struck off on Friday 3rd May).

Please note that this will not affect the strike off process in any other way. The provisions of the Companies Acts 1963 - 2012 regarding statutory notices, time periods, and publication in the CRO Gazette have not changed and will continue to be adhered to. The change is administrative and does not affect any legal provisions.

The CRO Gazette will publish every Wednesday from now on.

PUBLICATION OF COMPANIES BILL - 21ST DECEMBER 2012

The Companies Bill was published on 21st December 2012 by the Minister for Jobs, Enterprise and Innovation, Mr. Richard Bruton TD. The Bill proposes many changes to Company Law and consolidation of the various Companies Acts. It was presented before the Dáil on 23rd April. The Bill does not yet have legal effect.

Link to Companies Bill 2012 and explanatory memorandum to the Bill

www.oireachtas.ie

B1 - ANNUAL RETURNS AND ACCOUNTS - SEND BACK LETTERS - REMINDER

Where an annual return is sent back by CRO for correction or for fees, Section 249A, Companies Act 1990, requires that the errors/omissions must be corrected and a fully compliant document delivered to the CRO within 14 days.

If a fully compliant document is not delivered to the CRO within 14 days, the original document will be deemed not to have been delivered to the Registrar. The re-submitted document will then be treated as a fresh submission, potentially resulting in the company incurring late filing penalties and losing any entitlement to claim audit exemption for two years.

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