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ARTICLE · 03 JANUARY 2013

The Companies Bill 2012 Published

The Irish Government has today published a complete draft of the proposed new Companies Bill, which, when enacted, will consolidate and reform existing Irish company law.

IrelandCorporate/Commercial Law

The Irish Government has today published a complete draft of the proposed new Companies Bill (the "Bill"), which, when enacted, will consolidate and reform existing Irish company law.  This follows the publication in 2011 of an initial draft of parts 1 to 15 of the Bill which dealt exclusively with the private company limited by shares (or "CLS").  The Bill contains updated provisions in relation to the CLS, reflecting recommendations arising from an on-going consultation process led by the Irish Company Law Review Group ("CLRG").  It also contains the law applicable to all other company types, such as the public limited company, guarantee companies, designated activity companies and unlimited companies. 

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