Seanad debates
Tuesday, 17 June 2014
Companies Bill 2012: Committee Stage
5:55 pm
Seán Sherlock (Cork East, Labour) | Oireachtas source
The purpose of these amendments is to clarify the position with regard to a resulting credit when there is a reduction in the nominal value of a share.
These amendments bring the provisions into line with existing law. The proposed amendment also satisfies the requirements of the fourth company law directive.
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