Results 3,281-3,300 of 13,254 for speaker:Seán Sherlock

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

Seán Sherlock: I am considering introducing amendments to section 124 on Report Stage to expressly cover dispositions of non-cash assets by transfer sales and to resolve whether the provisions contained in subsection (6) are surplus to requirements as section 127 amends existing law and, therefore, the subsection may be deleted.

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

Seán Sherlock: Section 127 amends existing law and therefore the subsection may be deleted. It is already covered.

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

Seán Sherlock: I ask the Chairman to bear with me while I get that explanation. If Deputy Lawlor reads section 127 in its totality, he will note that it may mean that section 124(6) is no longer required, but that has to be examined. Effectively, further consideration must be given to that section.

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

Seán Sherlock: The information I have is that there is no conflict with UK law.

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

Seán Sherlock: The information required-----

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

Seán Sherlock: Is it okay with the Deputy if we return to that?

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

Seán Sherlock: I am considering introducing an amendment to section 127 on Report Stage to clarify that debentures or unpaid amounts on existing issued shares may be paid up only out of distributable profits and to correct an error which could result from the current interpretation. The proposed amendment would be to address other reserves that now exist as a result of recent developments in accounting and...

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

Seán Sherlock: -----but we will revert to that.

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

Seán Sherlock: I move amendment No. 31: In page 171, line 24, after "corporate" to insert "or an unincorporated body of persons".

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

Seán Sherlock: I move amendment No. 32: In page 171, line 25, after "corporate" to insert "or an unincorporated body of persons".

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

Seán Sherlock: I move amendment No. 36: In page 177, lines 43 and 44, to delete "at the end of the day" and substitute "at any time during that day".

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

Seán Sherlock: I move amendment No. 37: In page 178, lines 44 and 45, to delete "statutory".

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

Seán Sherlock: The answer is "Yes".

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

Seán Sherlock: I am considering introducing an amendment to section 145 on Report Stage to provide that subsection (5) is subject to subsection (1).

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

Seán Sherlock: I am considering introducing an amendment to section 150 on Report Stage. The purpose of the amendment is to ensure that officers of companies may, in exceptional circumstances, apply for the Companies Registration Office to retract directors' residential addresses from the public register and to provide a legal basis for the appropriate authorities to access them. A further amendment may...

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

Seán Sherlock: I am considering introducing an amendment to section 151 on Report Stage to require directors who have become subject to disqualification under the law of another state to declare that fact to the Companies Registration Office within a prescribed period of time of the commencement of the relevant provisions of the Bill. Failure to comply with the disclosure requirement will constitute an offence.

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

Seán Sherlock: I move amendment No. 38: In page 187, line 15, to delete "subsection (4)" and substitute "subsection (5)".

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

Seán Sherlock: I am considering introducing an amendment to section 157 on Report Stage to insert a reference to the universal social charge.

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

Seán Sherlock: I am considering introducing an amendment to section 159 on Report Stage. The purpose of this amendment is to ensure that directors are granted powers to borrow money and create charges.

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

Seán Sherlock: I am considering introducing an amendment to section 162 on Report Stage. The purpose of this amendment is to clarify subsection (1) as it relates to subcommittees of the board.