Oireachtas Joint and Select Committees

Friday, 22 January 2021

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of Companies (Corporate Enforcement Authority) Bill 2018: Discussion
General Scheme of an Employment Permits (Consolidation and Amendment) Bill
Pre-legislative Scrutiny of the General Scheme of Companies (Corporate Enforcement Authority) Bill 2018: Discussion General Scheme of an Employment Permits (Consolidation and Amendment) Bill

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I wish to raise an issue regarding head 38 of the proposed Bill, which deals with liquidation. The Company Law Review Group, CLRG, had a slightly different proposal. It proposed that the director of an insolvent company who failed to take appropriate steps to nominate a named liquidator should be deemed to be subject to a restriction order. What is Mr. O'Mahony's opinion on that? Does he think the CLRG is looking to a higher standard than that in the Bill?

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