Liquidators must now be qualified to act and the Companies Act 2014 sets out the qualification provisions.
Voluntary strike off is now given statutory recognition and members must pass a special resolution to apply to have the company voluntarily struck off the Register of Companies in the Companies Registration Office.
To petition the High Court to have a company wound up, a creditor must have an undisputed debt of at least €10,000.
The Act also establishes the grounds to strike off a company, which includes a provision that where a company is wound up and the Register has reasonable cause to believe that a liquidator is not acting, the company will be struck off the Register.
The ODCE has the power to require directors of the company being struck off the Register to produce a statement of affairs.
If you require assistance call Noel Murphy 083 015 3313