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ARTICLE · 29 DECEMBER 2023

Interim Period Extended For Virtual Meetings Only

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The Government has made a further extension until 31 December 2024 of one of the significant interim measures brought in by the Companies (Miscellaneous Provisions) (Covid-19) Act 2020...

IrelandCorporate/Commercial Law
Tony O'Grady
Tony O'Grady
Julie Murphy-O'Connor
Julie Murphy-O'Connor
Brendan Colgan
Brendan Colgan
Kevin Gahan
Kevin Gahan
Róisín Peart
Róisín Peart
Tina Turner
Tina Turner
Ursula McMahon
Ursula McMahon
Irene Lynch Fannon
Irene Lynch Fannon
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The Government has made a further extension until 31 December 2024 of one of the significant interim measures brought in by the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the "Covid Act") that permitted companies and co-operatives to hold annual, general and creditor meetings virtually.

Two statutory instruments (the "Orders") have been published in respect of (i) companies and (ii) industrial and provident societies to underpin this extension from a legislative perspective (SI No. 646 of 2023 and SI No. 647 of 2023 respectively).

However, the measures currently in place in respect of the threshold at which a company is deemed unable to pay its debts look set to end on 31 December 2023.

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