Results 10,301-10,320 of 14,886 for speaker:Dara Calleary

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Would it not be better to prescribe that? Would the Minister of State consider prescribing that? For instance, if a Minister was unfriendly towards business he or she might decide not to use that discretion.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Yes.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: I wish to highlight the point again that we are putting a load of regulations on top of recognised accountancy bodies when we have still not defined what an accountant is. I know we are going to discuss it with the Minister, Deputy Bruton, but I wanted to raise that issue again.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: At the very start.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: It states in section 819 that this Chapter shall not apply to a company that commenced to be wound up before 1 August 1991. Why is this the case and how many companies are still in a winding-up process some 23 years later? Is that a commonplace occurrence?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Absolutely.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: This range touches on a matter that has been particularly relevant in recent years. Will there be new legislative initiatives on share dealings and inspectors' reports in this session?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Generally, given what we have been through in recent years as regards company reports and share dealings.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: What is the reason for increasing the period from three to six years?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: All right.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Fair enough.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: What is the current time limit?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Why extend the time limit? Six months is a long time to wait for the Revenue Commissioners to take a view of a company.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: All right, a reduction in time.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: All right.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Is it six months at the moment?

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: All right.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: It seems to be a departmental concern.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: It is political.

Select Committee on Jobs, Enterprise and Innovation: Companies Bill 2012: Committee Stage (5 Nov 2013)

Dara Calleary: Has either the Department or the Company Law Review Group examined the possibility of the District Court taking applications to restore a company? Use of the Circuit Court is, by its very nature, not a regular occurrence. The District Court might be a more immediate remedy, particularly from a cost point of view.