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IBRC Operations

Dáil Éireann Debate, Thursday - 12 February 2015

Thursday, 12 February 2015

Questions (83)

Michael McGrath

Question:

83. Deputy Michael McGrath asked the Minister for Finance when the special liquidator of Irish Bank Resolution Corporation will be in a position to provide an updated statement of affairs; and if he will make a statement on the matter. [6537/15]

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Written answers

I am advised by the Special Liquidators that they are not obliged to produce a statement of affairs. However, under Section 306 of the Companies Act, the Special Liquidators are required to send to the registrar of companies a statement containing the prescribed particulars about the proceedings in and position of the liquidation of IBRC within 30 days after 2 years from the date IBRC was put into liquidation (6 February 2013), that is no later than 9 March 2015. This statement will be available to access from the Companies Registration Office.

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