asked the Minister for Industry, Commerce and Tourism if any statistics are available in relation to the number of receiverships and voluntary liquidations annually in this country, if so, the number which occurred in each of the last five years, by whom the receivers are appointed, and the amount of fees payable to such receivers.
Written Answers. - Firm Closures
13.
The number of receiverships and voluntary liquidations for the past five years is as follows:
|
Receiverships |
Voluntary Liquidations |
|
|
1975 |
97 |
289 |
|
1976 |
61 |
694 |
|
1977 |
39 |
427 |
|
1978 |
49 |
288 |
|
1979 |
34 |
283 |
In practically all cases a receiver is appointed by the holder of the charge on the assets of a company and the terms of appointment including the fees may be included in the instrument creating the charge. A receiver may also be appointed by an order of the High Court in which case the Court has power to fix the fee.
There are no statistics available in relation to the amount of fees payable to receivers.