Seanad debates
Tuesday, 26 April 2005
Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Committee and Remaining Stages.
4:00 pm
Derek McDowell (Labour)
I do not understand how this makes the process easier. At present, all that is required to incorporate a company is a secretary, a number of directors, a registered office and a name. I cannot see how reserving the name first and carrying out the other processes at a later stage makes company incorporation any easier. There is no issue of principle involved here, I simply do not understand how this will simplify matters in practice.
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