Written answers
Thursday, 2 May 2024
Department of Enterprise, Trade and Employment
Company Law
James Browne (Wexford, Fianna Fail)
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150. To ask the Minister for Enterprise, Trade and Employment the position regarding a personal situation related to a company (details supplied); and if he will make a statement on the matter. [19920/24]
Peter Burke (Longford-Westmeath, Fine Gael)
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The Corporate Enforcement Authority (CEA) is Ireland’s company law enforcement agency. The CEA is an independent statutory body equipped with significant enforcement powers required to carry out its statutory functions which are provided for in section 944D of the Companies Act 2014. These functions include to enforce and encourage compliance with company law, to investigate suspected offences under the Companies Act 2014, to prosecute detected breaches of the Companies Act and to refer cases to the Director of Public Prosecutions on indictment. Section 944D(4) of the Companies Act 2014 provides that the Authority is independent in the performance of these function
The CEA encourages members of the public to submit complaints, expressions of concern and protected disclosures (where applicable) to them where there may be indications of breaches of company law. However, the matter outlined in the question relates to non-compliance with a settlement made in the Circuit Court. Neither the Department nor its agencies have any remit in enforcing court awards.
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