Top 5 features of the Companies (Miscellaneous Provisions) Act 2020
The Companies (Miscellaneous Provisions) Act 2020 is a welcome clarification of certain company law issues faced by companies during the COVID-19 pandemic. It will counteract some of the practical difficulties that companies are facing, particularly around general meetings. The Act provides measures designed to improve the immediate impact that the crisis may have on a company’s solvency, with a view to protecting viable businesses and supporting economic recovery post-crisis.
The provisions of this Act will apply for an interim period, expiring on 31 December 2020 (unless extended).
In this briefing note, we set out five of the key practical difficulties that companies are facing and the solutions provided by the Act.
For more information on this topic please contact any member of A&L Goodbody's Corporate and M&A team.
Date published: 4 August 2020