Management Companies

01 What is a Management Company?

A so called "management company" is a company registered in the CRO usually as a Company limited by Guarantee (CLG) or a Designated Activity Company (DAC),  with an object clause to manage a multi-unit development. The "management company" owns the common areas of the development such as: car parks, green space, stairwells, lifts and communal hallways and maintains them for the benefit of all property owners and typically provides for insurance cover.

On acquiring a unit within the development, in addition to the apartment or house such person also shares ownership of the common areas. Stemming from this, it is usually a condition of the purchaser's contract that they sign a co-ownership agreement which obliged them to become a member of the management company.    These co-ownership agreements are essentially rooted in the laws of contract and private property,  rather than in any particular Act of the Oireachtas.  Following on from this, it should be clear that the requirement to become a member of a management company is not a requirement under company law. 

There is no special body of company law which applies only to so called "management companies" or is applied differently so far as management companies are concerned.  The "FAQ" (Frequently Asked Questions) section of this website answers most general company law type questions in relation to all companies.  Most of the issues arising in the so called "management companies" are not company law issues and the ODCE cannot assist.   The attached document lists the breaches of company law where ODCE can assist with.

02 Are management companies a product of company law?

No. It is important to stress that management companies have no special meaning and are in no way a requirement of company law. There is nothing in the Companies Act which states that a management company must be brought into existence in connection with any multi-unit development, and some multi-unit developments exist which do not have a management company associated with them. Furthermore, it is important to point out and emphasise that there is no special body of company law that applies solely to management companies.

03 Where can I find the legal source from which management companies operate?

Court Rulings

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Jeffrey Burton was deemed disqualified pursuant to S.183 (2) of the Companies Acts 1963 for a period of 5 years commencing on the 6th of May 2003.

06 May 2003


Defendant: Jeffrey Norman Burton

Venue: Dublin District Court Number 44 

Details of Defendant 

Name: Jeffrey Norman Burton
Venue: Dublin District Court Number 44
Judge: Watkin 

Alleged Offences: Breach of Section 183 of the Companies Act, 1963 as amended by section 169 of the Companies Act, 1990- the offence of acting as an officer of a company whilst being an undischarged bankrupt. 

Outcome: On a plea of guilty Mr. Burton was convicted of being an officer of the following companies:- 

1. Advanced Cosmetic Surgery Ltd - Company No 275689
2. Biotec Direct Ltd -Company No. 311266
3. Ruthar Ltd - Company No. 348523. 

He was fined €800 in respect of 1 above; and €200 each in respect of 2 and 3 above. In addition Mr. Burton was made the subject of a Disqualification Order for a period of five years, pursuant to section 169 of the Companies Act 1990.

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