Seán Sherlock (Cork East, Labour) | Oireachtas source

This section is also substantially unchanged from that provided in existing law. However, the court may make an order restraining a company or an officer of the company from removing his or her assets from the State or reducing those assets below a specified amount. This extends to the current law in that it also applies to the company and not, as provided under existing law, only to officers of a company. The circumstances in which an injunction can be granted are now limited to cases where the primary cause of action also arises under this Bill. Alternatively, the cause of action must arise under the provisions of the constitution of the company or relate to the holding of an office of the company.