The interim period introduced by the Companies (Miscellaneous Provisions) (COVID-19) Act 2020 (the Act) has been extended until 9 June 2021. The interim period is the period during which temporary amendments apply to the Companies Act 2014 and Industrial and Provident Societies Acts 1893 to 2018 to address issues arising as a result of COVID-19.
The main provisions of the Act include the facilitation of electronic meetings, an increase in the minimum debt threshold for winding up petitions by creditors and a relaxation of the law on execution of instruments under seal by companies.
For a more detailed analysis of the changes contained within the Act, please see our previous article ‘COVID-19: Company Law Changes‘.
If you would like to know more about the services that we offer or have any questions about the Act, please contact our partners listed here or your usual contact at William Fry.
Contributed by Shannon O’Neill