Results 3,841-3,860 of 13,254 for speaker:Seán Sherlock

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 48:In page 158, to delete lines 24 to 27 and substitute the following: "(2)In subsections (3) and (4) "relevant sum" means⁠— (a)any sum for the time being standing to the credit of the company’s undenominated capital; (b)any of the company’s profits available for distribution; or (c)any sum representing unrealised revaluation reserves...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 49:In page 158, line 34, to delete "or debentures".

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 50:In page 158, line 35, to delete "or debentures".

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 51:In page 159, line 11, to delete "or debentures".

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 52:In page 159, line 14, to delete "or debentures".

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 53:In page 159, line 16, to delete "or debentures".

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 54:In page 159, line 21, to delete "or debentures".

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: The Deputy is taking a novel approach, which I admire, but I am not in favour of adopting these amendments. The Deputy's proposals impose unduly oppressive conditions on legitimate businesses. The suggestion that a majority of directors should be EEA-resident may particularly dissuade foreign direct investment companies from doing business in this country, which would be bad for Ireland and...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: The Deputy has not said anything with which I would disagree, in principle. There is no question about the importance of the protection of employees. However, the corpus of law that would deal with that issue effectively is employment rather than company law. We have a very enhanced labour relations structure in this country. We also have an insolvency fund which is run by the Department...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 61:In page 170, line 19, to delete “In the case of” and substitute “Subject to subsection (1), in the case of”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 62:In page 175, to delete lines 8 and 9 and substitute the following:“(iii) in the case of a married person or civil partner, the name or surname by which he or she was known previously to his or her marriage or civil partnership.”.The purpose of the further amendment to this section is to make provision for a married person or civil partner and by making...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 63:In page 176, between lines 11 and 12, to insert the following:“(9) If a person appointed a director of a company before the commencement of this section has, subsequent to his or her appointment but before that commencement, become disqualified under the law of another state (whether pursuant to an order of a judge or a tribunal or otherwise) from being...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 64:In page 180, line 4, after “tax” to insert “or the universal social charge”.The purpose of these amendments is to insert a reference to the universal social charge, USC. As the Bill stands, there is a prohibition on the payment of remuneration to a director free of income tax. It is, however, silent regarding the USC. It is proposed this...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 65:In page 180, line 14, after “tax” to insert “and the universal social charge”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 66:In page 180, between lines 32 and 33, to insert the following:“(3) Without prejudice to the generality of that subsection, subsection (1) operates to enable, subject to a limitation (if any) arising under any of paragraphs (a) to (c) of it, the directors of the company to exercise all powers of the company to borrow money and to mortgage or charge its...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 67:In page 182, to delete lines 31 to 34 and substitute the following:“162. (1) A resolution in writing signed by all the directors of a company, or by all the members of a committee of them, and who are for the time being entitled to receive notice of a meeting of the directors or, as the case may be, of such a committee, shall be as valid as if it had been passed...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 68:In page 189, line 29, to delete “subsections (1) and (2)” and substitute “subsections (1) and (3)”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 69:In page 189, lines 31 and 32, to delete “subsection (3)” and substitute “subsection (4)”.

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 70:In page 194, line 6, after “company” to insert “(being a bankrupt member who is entitled to vote at the meeting)”.The purpose of this amendment is for clarification. Again, notice of every general meeting shall be given to the assignee in bankruptcy of a bankrupt member of the company, that is to say, a bankrupt member who is entitled to...

Companies Bill 2012: Report and Final Stages (25 Mar 2014)

Seán Sherlock: I move amendment No. 71:In page 195, between lines 36 and 37, to insert the following:“(4) Subsection (4) shall apply unless the company’s constitution provides otherwise.”.The purpose of this amendment is to determine the period which must elapse before a meeting must be adjourned for lack of a quorum. The time for the initial meeting has been shortened from 30 minutes...