Company

A company can be dissolved either through liquidation or through the strike-off process. Please also find links to information on Examinership and Receivership.

Dissolved Company Assets: Once a company has been dissolved, the assets of the dissolved company become State property. The Office of Public Works are now handling all issues in relation to assets of dissolved companies. Contact the OPW at 6476000 and ask to speak to either Tom Costello or Linda Quinn, if there is a query regarding assets of a dissolved company.

Liquidation

Liquidation involves the dissolution of a company, where its affairs are tidied up and assets realised and distributed to the owed parties. A company can be wound up by:

resolution of the members following the making of a declaration of solvency (Members Voluntary Winding Up);
resolution of the members ratified by the creditors (Creditors Voluntary Winding Up)
an order of the Court. (Court Winding Up - Involuntary Winding Up).

A Liquidator is a person independent of the company. The Act states who can't be the liquidator of a company in a Winding Up rather than who can.

Declarations

Please see Statutory Declarations page regarding irish forms which must be sworn abroad and may require further authentication.

Receivership

A company can be placed into Receivership also. When the receivership is complete, the status of the company returns to Normal, unless the company has already been placed in Liquidation. A receiver is usually appointed over a registered charge or by court order in order to take receipt of an asset to satisfy the monies due to the creditor of the company.

Examinership

Examinership information is also available also. Examinership is where a company is under the protection of the court so that prospects for its survival can be ascertained. If the examinership is unsuccessful, the company is usually placed in Court Liquidation.

Strike-Off

A company can be struck off the register both involuntarily and voluntarily.

Restoration

Please see Restoratation by Administrative Action or Restoration by court order for information on the processes for restoring a company to the register of companies. Information on Fast Track Restoration is also available.

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