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Legal Disclaimer>


 
No Voluntary Strike Off where Issued Share Capital exceeds €150
by Maria Fahy

The Companies Registration Office have issued a notice stating that from 1 May 2011 companies with more than €150 of issued share capital will not be able to avail of voluntary strike off. Such companies will instead need to be liquidated which is a more costly and complicated procedure.

 

From 1 May 2011 a new Form H15 will need to be completed which will require the applicant to state that the share capital did not exceed €150 for the previous three years.

 

Therefore it is important to act now if you have a company you wish to strike off.

 

If you have any queries, as always you can email me on mariaf@parfreymurphy.ie or call me on 021 4310266.

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