At Least 10 “New Things” Clients Will Require in 2016

The new Section 343 District Court Application

  1. The new Section 343 District Court Application to restore a “Lost” Audit Exemption. This could prove to be a hugely popular new application in the local courts.

Examinership Lite in the Circuit Court

  1. Examinership Lite in the Circuit Court, New Rule 53A, available locally, thousands of companies are insolvent and in need of this rescue remedy but you need to get your paperwork ready now?

The new section 53 High Court Application

  1. The new section 53 High Court Application, enforcement of orders and judgements against companies and their officers, this new application has the capacity to become a powerful new weapon in the armoury of a creditor stung by a company bad debt ?

The new Section 132 Application

  1. The new Section 132 Application to permit an undischarged bankrupt act as a manager or a company director. Hundreds of directors will require this application in future.

Section 212

  1. Section 212 Cases? What happens when shareholders/ directors are embroiled in dispute? New “Corporate Divorce” provisions in the new Companies Act 2014.

Section 52 Application

  1. Defending proceedings brought by a company. The new Section 52 provisions that might require a company give full security for legal costs and may stay all proceedings until security is given.

Making Directors Personally Liable, Section 232

  1. Suing directors personally, the new Section 232 provisions and the new duty on directors to act both “Honestly and Responsibly”. A new remedy for creditors and insolvency practitioners.

The new Section 570 21 day warning letter

  1. The benefits and advantages of the new Section 570, 21 day warning letter?

The Winding up Petition under the Companies Act 2014

  1. How and when to use the new winding up petition and how to get great results from this procedure under the Companies Act 2014?

The new Section 567 Application

  1. The new Section 567 Application for relief against abandoned unliquidated insolvent companies, a creditors remedy worth remembering.