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

Ms Tara Keane:

No, we had not given consideration to a register, the reason being that in order to be a process adviser, one must be qualified under section 633 of the Companies Act to be a liquidator. That sets out the various people who can act in that capacity. It would be the typical insolvency practitioners who run examinerships and liquidations, and solicitors. We did not feel there was necessarily a need for a central register, given that it was already established practitioners that companies are used to dealing with in the course of their business.