General Scheme for Small and Micro Business

Minister for Trade Promotion, Digital and Company Regulation, Robert Troy TD this week announced that next steps to address the need for a simplified restructuring process for viable small companies that is timely and cost effective are underway as permission has been granted to draft a new bill to amend the Companies Act 2014 to provide for a new dedicated rescue process for small and micro companies.

 

More details on the General Scheme for Small and Micro Business Administrative Rescue Process can be found here.