Previous Page  173 / 264 Next Page
Information
Show Menu
Previous Page 173 / 264 Next Page
Page Background

GAZETTE

AUGUST/SEPTEMBER

COUNCIL OF THE SOCIETY

Recommendation of the Conveyancing Com-

mittee of the Incorporated Law Society of

Ireland with regard to Registry of Deeds

Searches.

In the Edition of the Gazette dated November, 1976, a

recommendation of the Conveyancing Committee was

published recommending that from the 1st of January,

1977, Dublin Practitioners should in sales of individual

properties adopt the Country practice of the purchaser

making all searches.

The recommendation specifically mentioned that the

practice on a building estate of the Vendor lodging a

Master Search and distributing certified copies in due

course should be continued as it was the most logical

method of dealing with it.

It has been brought to our notice that some solicitors

acting for Builders on Building Estates, are not lodging a

Master Search and have cited as their authority the

Conveyancing Committee's recommendation of

November, 1976.

We would like to draw the attention of Solicitors to the

fact that the recommendation of the Conveyancing Com-

mittee did

not

suggest any change in the practice

regarding master searches on Building Estates.

Presentation of Parchments

The next Presentation of Parchments will take place on

Thursday, 1st December, 1977, at 4 p.m.

Apprentices whose indentures have expired and have

passed all the Society's examinations and who wish to

receive their parchments should lodge with the Society on

or before 18th November, their full name and address in

Irish and English together with a Form AE 5 completed by

the apprentice and the master.

Please note that no applications will be accepted after

18th November, 1977.

RESIGNATION OF MR. PATRICK NOONAN

The President announced at the Council Meeting of

15th September, that Mr. Patrick Noonan had resigned

from the Council. Mr. Noonan was President of the

Society in 1967/68 when the International Bar

Association held their meeting in Dublin. The President

and members of the Council expressed regret at losing Mr.

Noonan's services and thanked him for the services he had

rendered to the Council.

COMPANY FORMATION

Over recent months, lengthy delays were experienced in

obtaining names from the Companies Office.Following

repeated representations, Mr. N. MacLiam, Assistant

Secretary, Department of Industry & Commerce, has

written to the Director General:—

138

"I have looked into the situation in the Companies

Office which you raised in your letter of the 12th. I find

that, owing to a staff bottle neck, there is in fact as you say

a lag of six weeks in incorporating companies. There is to

be an O & M inspection of the Office this month, and I

hope it will be possible to do something which will enable

this position to be improved.

"I am unhappy at your reference to "the generally

unsatisfactory performance of the Companies Office".

From my examination of the position, and indeed from the

tributes paid by a number of solicitors dealing with it, I feel

that the Office in general gives a particularly helpful,

prompt and courteous service. There do not appear to be

any delays other than in the one under-staffed section we

have been talking about. May I say that having spent some

time looking at the work of that section I would feel

satisfied that it could be quite up-to-date with its existing

staff were it not that an extraordinarily high number of

applications sent in by solicitors are in a most

unsatisfactory state. One example quoted to me — I do not

of course suggest that it is typical —was that out of

seventeen applications received on a particular day

fourteen had to be returned for amendment in one respect

or another and only three could be accepted for

incorporation. Anything that could be done to improve the

standard of submissions for solicitors would be more than

welcome".

The requirements of the Companies Office as to

Company Names are set out below.

COMPANIES ACT, 1962

AVAILABILITY OF NAMES FOR PROPOSED

COMPANIES

Members will recollect that any name considered

undesirable may be rejected pursuant to Section 21 of the

Companies Act, 1963. Names will not be acceptable, for

instance, which:

(a) imply State sponsorship.

(b) are barred or restricted by legislation; a company

name may not consist of or contain the words

"Standard", "Caighdean" or the initials I.S. or C.E.

nor may the words "Bacon Producers" be used. Such

words as "Bank", "Banker", "Banking", etc. may be

used only with the consent of the Central Bank.

(c) are so similar, by sight or by sound to the names of

existing registered companies as to cause confusion in

the public mind.

(d) contain words that are so general in meaning as to

cause confusion with companies already registered, or

which would seem to assume solerights to a particular

field of business e.g. "Plastics Limited" or "Irish

Plastics Limited".

Not*

— The availability of a particular name is open to reconsideration

up to the date of incorporation and applicants who incur expenses on the

assumption that the name will be approved do so at their own risk.