1 2 A B C D E F G H I J L M N O P Q R S T U V W

The B1-Annual return of the company was filed in incorrectly. Is it possible to amend this B1 in the CRO records?

Section 343 CA 2014 deals with annual returns. Where an error has been made on a B1 Annual return this can be rectified by sending in a manual B1B. This cannot be done online currently nor is there a specific form provided by the CRO so therefore it must be posted to the CRO. Therefore in […]

The Company’s first B1 is late. Is Audit Exemption lost?

Technically under Company Law, it is lost, however, the CRO continue to ignore this and still allow audit exemption (by concession). The CRO will confirm this for your client over the phone so you should be ok assuming there is no change in the CRO thinking in the future.

The security for a credit agreement includes a personal guarantee of a director who currently has a debit directors’ loan, can the personal lien be adjusted through the directors loan?

Question Client supermarket company has a detailed credit agreement with AIB Bank plc covering the following: > €25K overdraft facility – chargeable at normal OD interest rates > €8.5K AIB bond issued to Premier Lotteries Ltd chargeable at 2% p.a > €2K AIB bond issued to EM News Distribution Ltd. chargeable at 2% p.a > […]