News & Updates

Legal Fees Package, Restoring a company to the Register

Date Posted: 19.03.2014


In our experience the end of the recession and upswing in the economy has lead to some clients who are Company Directors having to face the thorny issue of applying to the High Court to reinstate their company to the Register of Companies.

The Companies may not have traded for a time during the recession and may have been struck off by The Registrar of Companies pursuant to Section 12 of the Companies (Amendment) Act, 1982, for failing to file returns.

This can leave the Directors in a position where they can’t gain access to any company assets, such as bank accounts, or use the company and the limited liability that comes with it, to re-commence trading.

What can be done? Well the first point of call is often to the company accountant who will need to prepare returns for the missing years. The Revenue Commissioners will need to be paid outstanding taxes, if there are any, and when that is done the High Court application can be prepared. When the Application is listed before the High Court and has been consented to by the Registrar of Companies, The Revenue Commissioners and the Chief State Solicitor the Company can be reinstated, subject to approval of the Court.

We at John L. Mulvey & Co; Solicitors are able to offer a competitive fee structure for these applications of €1,950 plus VAT @ 23%. In addition, there are Barristers fees of approximately €950 plus VAT, stamp duty and outlays. There are also fees that have to be paid to the Revenue Commissioners and Chief State Solicitors before their letters of consent will issue. For a quote tailored to your needs please contact us at 01-4515055 or by email at info@jlms.ie
 


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