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COVID-19: Extension of Interim Changes to Company Law

Director Factsheets

This Factsheet is courtesy of McCann FitzGerald LLP

Our latest Director Factsheet is a briefing that addresses the further extension of the interim period – to 31st December 2023 – for two of the measures introduced under the Companies (Miscellaneous Provisions) (Covid-19) Act 2020. 

The measures extended to 31st December 2023 are the ability of general and creditor meetings to be held virtually and the increase in the amount at which a statutory demand can be issued to €50,000 (such a demand is evidence that a company is unable to pay its debts such as to allow a court to wind up the company).