Oireachtas Joint and Select Committees

Tuesday, 15 June 2021

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Companies (Small Company Administrative Rescue Process) Bill 2021: Department of Enterprise, Trade and Employment

Photo of Louise O'ReillyLouise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source

That would involve both the co-operation and the staff being available at that point. Clearly, it will cost more then if they are not available. I am trying to get an understanding of what is involved. I expect that the figure of €20,000 to €50,000 would involve the staff being available and additional staff not having to be hired? I suppose the hope is that is what would happen.

I did not see it, but if it is there the Minister of State can point it out to me. Is there any legal mechanism to make sure that wages or moneys owed to the workers – it is not just about the business owners; it must also be about the people working there – are protected as part of the rescue process? I apologise if it is there and I missed it, but perhaps the Minister of State could point it out to me. That would be fantastic.

Comments

No comments

Log in or join to post a public comment.