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  1. J

    closing down my company

    It sounds like you have to decide on whether to do a strike off or liquidate. If you do a strike off you will have to bring all returns up to date and get tax clearance. However, if you do a liquidation you do not have to bring CRO returns up to date and liquidator will take care of tax...
  2. J

    How to maintain 100% company ownership without becoming a director?

    A true "shadow" director would not!
  3. J

    How to maintain 100% company ownership without becoming a director?

    I think OP is more conncerened with hiding the fact that they are a director than a shareholer!
  4. J

    How to maintain 100% company ownership without becoming a director?

    Where is a shadow director supposed to disclose his/her position? Seems a contradiction in terms!
  5. J

    Debt question

    Does part of the contract include a personal guarantee?
  6. J

    Director's exposure to liability after resignation

    Do these irregularities affect director A, did he benefit from the director loans? Director A needs to put it on the record that he is not happy with the proposed suggestions, seek legal advice (post more information) and decide on whether to resign or not or indeed if the actions of Director...
  7. J

    Why is Administrator of Newbridge Credit Union paid so much?

    Maybe in an ideal world it would be, but unfortunately in real life its not! Also, personally I believe that the big issue is not the rate that any of these firms charge per hour but what they deliver for these rate. In that regard, I understand that the Joint Administrators of Quinn were...
  8. J

    who pays redundancy when no liquidator is appointed?

    Hi Gaf1983, 2 weeks would be considered reasonable.
  9. J

    Why is Administrator of Newbridge Credit Union paid so much?

    You still end up at square one as only the larger firms have any experience of administrations and therefore the smaller firms will not win the bid due to lack of experience.
  10. J

    Who will the new Personal Insolvency Trustees be?

    The High Court is not only reducing rates but putting liquidators under pressure to justify their level of fees eg why were so many hours doing x when x was not required.
  11. J

    Who will the new Personal Insolvency Trustees be?

    It has not yet been determined who can act as a PIA, head 54 states “Personal Insolvency Trustee” shall be construed for the purposes of this Part as a person [licensed] [authorised] who performs the functions of a personal insolvency trustee under the provisions of this Part." Their are...
  12. J

    Can a petrol station keep your mobile if you don't pay?

    Surely that garage can do what every the feel is necessary to ensure that you return and make prompt payment, I would not settle for taking details off a customer as there is no guarantee that the details given are accurate. Furthermore, by taking say the mobile phone they are making sure that...
  13. J

    Why is Administrator of Newbridge Credit Union paid so much?

    Not to labour your point but there is a difference between what a partner or their staff charge per hour and what they earn! According to Irish Times, Pat Kenny earns pretty much 423 per hour (salary €730,000 2009)
  14. J

    I need a blank Form EIP1

    Look up 'insolvency payments' on social welfare site.
  15. J

    CPA versus ACCA

    What ACA, Anyone Can Add!
  16. J

    I need a blank Form EIP1

    Has the EIP1 form not been done away with since November of last year? I think it is all done online now!
  17. J

    Wrongful trading

    I would have thought that the transaction was null and void as the directors have no powers once a liquidator was appointed. If it is a creditors' voluntary liquidation then the directors should not have been entereing into any contracts for at least 10 days prior to the appointment of a...
  18. J

    Voluntary winding up and lease commitments

    Dear Degra, Firstly, you mention that you are not able to pay staff but yet you dont have any unpaid creditors. Does this mean you and your partner are putting cash into the company to keep creditors/employees up to date? It would appear from your post that you company is insolvent and...
  19. J

    Liquidator & statutory redundancy

    A letter to the odce will not do much.no disrespect to the office but they are simply going to forward your complaint to whatever accountants body supervises the liqiodator in question. Therefore if the matter is still unresolved I would suggest writting a letter to the liquidator giving him...
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