Pearse Doherty
Question:190. Deputy Pearse Doherty asked the Minister for Finance the basis and reasoning for the removal of section 313 of the Companies Act 1963 by the Irish Bank Resolution Corporation Act 2013. [34236/13]
View answerTuesday, 16 July 2013
Questions (190)
Written answers
The Irish Banking Resolution Corporation Act 2013 provided that section 313A of the Companies Act 1963 shall not apply to the liquidation of IBRC. The said section 313A provides that, on the making of a winding up order or an order appointing an examiner to a company, the liquidator or examiner concerned may obtain a copy of the order from the Central Office of the High Court. This section bears no relevance to the liquidation of IBRC as IBRC was liquidated by a Special Liquidation Order and there was no relevant order made by the High Court and filed in the Central Office. In any event, the Special Liquidation Order, as a statutory instrument, is a document of public record freely available and the Special Liquidator has been provided with a copy of that order.