Lockdown; a time to reset

March 7, 2021March 8, 2021 ~ krentzy ~ Leave a comment

After a bit more than a week, the Isle of Man has now well and truly settled into lockdown v.3.0. Compared to the rest of the world, we, on our small rock in the Irish sea, have been incredibly fortunate, with the enjoyment of around six restriction free months last year (save the tight controls … Continue reading Lockdown; a time to reset

No Provision for Company AGMs under Emergency Powers

May 7, 2020March 7, 2021 ~ krentzy ~ Leave a comment

Under the Companies Act 1931, every Isle of Man company is required to hold a general meeting once in every calendar year, and not more than 15 months after the last proceeding general meeting. Failure to comply with this may result in each company director being fined £5,000. Now in truth, there is actually very … Continue reading No Provision for Company AGMs under Emergency Powers