Seanad debates

Tuesday, 26 April 2005

Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Committee and Remaining Stages.

 

4:00 pm

Photo of Michael AhernMichael Ahern (Cork East, Fianna Fail)

As Senator McDowell stated, the CRO approached the concept of striking off companies with great vigour some years ago and returns improved significantly following that mission. The CRO is not pursuing companies to strike them off as it did in the past but it has the power to do so if it feels this is necessary.

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