Oireachtas Joint and Select Committees

Wednesday, 6 November 2013

Select Committee on Jobs, Enterprise and Innovation

Companies Bill 2012: Committee Stage (Resumed)

10:20 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 125:


In page 850, between lines 24 and 25, to insert the following:
“PLC may not dispense with holding of a.g.m.
1088. Section 176(3) and (4) (which relate to dispensing with the holding of an annual general meeting) shall not apply to a PLC.”.
I intend to introduce this new section to mirror the approach taken in Pillar 1, Volume 1 of the Bill. The purpose of this section is to set out clearly a disapplication applicable to a plc. Disapplications are also set out in the tables but I intend to prove a discrete section to ensure greater compatibility with the two volumes.

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