Oireachtas Joint and Select Committees

Wednesday, 8 May 2024

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Small Companies Administrative Rescue Process: Discussion

Mr. Paddy Purtill:

Of the 62 cases, approximately ten have failed the process. We believe that is a good sign and shows that the process is working. Not all companies who enter the process are fully eligible to tick all the boxes. Some 40 of the 62 cases have now completed the exercise. From a Revenue perspective, there were three which had no Revenue debt.

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