The Gazette 1976
GAZETTE
SEP T EM BER 1976
Committee considered this Directive mainly from the point of view of Companies it should certainly be noted by members of the Profession that, in its present draft form, it is likely to cover any mergers or amalgamations of whatever kind including those of firms of solicitors. Comments on this draft directive were given on behalf of the Committee to the Departments of Labour and Industry and Commerce.
DIRECTIVES, REGULATIONS AND CONVENTIONS BEING EXAMINED BY THE COMPANY LAW COMMITTEE INDEX TO NUMBERED HEADINGS 1. Descripcion and Rome Treaty Basis 8. Council Working Party. 2. Study for Commission 9. COREPER (Committee of Permanent Representatives) 3. Commission for Working Party of Experts 10. Council of Ministers' Sanction 4. Publication of Draft by Commission for II. Implementation of Directives or Conventions in force in Ireland submission to the Council. 12. Notes 5. Opinion of Economic and Social Committee 13. Law Society Committee comments 6. Opinion of European Parliament 7. Latest Draft
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DIRECTIVES Ist Directive 68/151
S.I. No. 163 of 1973
Memo to Oireactas Commit- tee in 1974
Ultra Vires, pre-incorporation contracts and publicity require- ments
1964
1966
1968
2nd Draft Directive Formation of companies, maintenance, increase and reduction of capital
1975 Memo sent to Dept. of 1 & Co. Memo sent to Dept. of 1 & Co. 1976
1970
1971
1971
1975
1976
3rd Draft Directive on Internal Mergers Article 58(2)
March 1974
2nd Read- ing 1976
1971
1970
1975
4th Dratt Directive Annual Accounts
3rd Read ing 1976
1971
1973
1972
1974
5th Draft Directive Structure of Companies and obligations of their organs Article 54(9) 6th Draft Directive Content, supervision and distribu- tion of prospectuses
1972
1976
1974
First Reading in Council
1974
1972
1974
1974 Working Paper Dr. Hans Wurdinger
1976 Second reading Completed
Draft Directive on Groups of Companies Article 54
Formal Proposal expected in 1977 from Com- mission Formal Proposal expected from Commission in in 1977 European Parlia- ment in 1976 Council's second reading in 1976 It is understood that the Com- mission is now consulting with individual Member States Draft Directive at end of 1976 Council Work- ing Groups to start from October 1976
1976 1976 First Reading Completed'
Draft Directive on Takeover Bids Article 58
Report of Professor Pennington 1974
Draft Directive on Co-ordination of Unit Trust legislation
1976
Draft Directive on Group Accounts
Draft Directive on the Rights of Employees in the case of Mergers Takeovers and amalgamations Draft Directive on Commercial Agents
June 1974
April
1975
Draft Directive circulated by Commission 1974
Memo sent to Dept. of 1 & C. 1974
December 1974
Avant project on harmonisation of listing requirements REGULATIONS Draft Regulations for a European Company Statute Article 35 Draft Regulation for a European Co-operation Grouping Article 235
Memo sent to Dept. of 1 ft C. 1976
1970
1972
1974
Con- sidering the draft
Parliament
J973
Discussion in Council
Draft Regulation on the Control of Concentrations
1973
1974
1974
CONVENTIONS
Meeting still in progress
Goldman Working Paper
Draft Convention on International Mergers Article 220
1973
Meeting still in progress
Draft Convention on Bankruptcy and Winding-up Insolvent companies
Ratified by ell the original six except the Netherlands. N< immediate like- lihood of Ireleni adopting it.
Convention on the Mutual Recognition of Companies
171
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