Oireachtas Joint and Select Committees

Wednesday, 15 December 2021

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Companies Registration Office: Discussion

Mr. John Newham:

How closely linked will the CRO be to developing SCARP as the process evolves? I am sure the CRO will be aware of companies that are in distress and people who have registered to go through the process. Is the CRO linked in to that? Will there be a review by company administrators or whatever? I am interested in hearing what happens when the SCARP process is unsuccessful after a certain period. Where does the CRO step in if there is a dispute ongoing between company proprietors and creditors?

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