Transactions with directors

This subtopic provides guidance on general duties of directors regarding declarations of interests in transactions and arrangements, approval of substantial property transactions, and resolving directors’ conflicts in accordance with the Companies Act 2014 (Ireland) (CA 2014 (IRL)).

This subtopic contains the following guidance:

•Practice Note: Ireland—Appointment, retirement and resignation of a director covers how a director of a company can be appointed, retire and resign. It examines the role of a director and the experience and qualifications that a person must have in order to be a director. It also sets out the notifications and other steps that are required when there is a change of director, such as the need to update the statutory registers. It considers relevant provisions of CA 2014 (IRL) and a company’s constitution•Practice Note: Ireland—Restrictions on loans, quasi-loans, credit transactions, guarantees to directors, connected persons and related arrangements summarises the provisions of CA 2014 (IRL) in relation to the restrictions approval of on loans, quasi-loans, credit transactions, guarantees to directors, persons connected with directors, and related arrangements•Precedent: Ireland—Special resolution—summary approval procedure this is a precedent special resolution to approve ...