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Job Losses

Dáil Éireann Debate, Thursday - 26 November 2015

Thursday, 26 November 2015

Ceisteanna (29)

Richard Boyd Barrett

Ceist:

29. Deputy Richard Boyd Barrett asked the Minister for Jobs, Enterprise and Innovation when he will implement changes to ensure that no other workers lose their jobs in the manner in which the Clerys workers lost their jobs; and if he will make a statement on the matter. [41745/15]

Amharc ar fhreagra

Freagraí scríofa

The liquidation of OCS Operations Limited is currently in the hands of liquidators under the supervision of the High Court. The High Court was informed at the hearing on 6 July that the liquidators have identified a number of matters which they intend to investigate as part of the liquidation process. It is only when all the facts and events leading up to the winding up of the company are known, and any potential legal challenges are raised, that an informed decision can be made on whether legislative change should be made. The liquidators have important duties under Company Law. They include:

- An obligation to provide within 6 months of their appointment a report on the conduct of directors to the Director of Corporate Enforcement

- A requirement to make an application to the High Court for the restriction of directors unless the Director of Corporate Enforcement has relieved the liquidator of this requirement.

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