David Stanton (Cork East, Fine Gael) | Oireachtas source

I welcome our guests. What is the budget of the ODCE? When will it get increased powers, manpower and responsibilities and what will that mean for its budget? What extra resources will it require? Will the witnesses comment on the issue of liquidation?

Companies will be under pressure soon due to what is happening at the moment unfortunately. We have had some discussion in this committee on how liquidations have been carried out in the past. The heads give some additional powers with respect to restricting directors who fail to convene or properly manage the appointment of liquidators of a company. I ask the witnesses to comment on those points. I might come back in later.