High Court refuses order the restriction of a former director of a company that went into liquidation following the collapse of the Irish housing market, on the grounds that he had not acted dishonestly or irresponsibly in the conduct of the company, notwithstanding that he had not complied with all relevant revenue obligations or co-operated with the liquidator.
Corporate insolvency - application by liquidator of company - restriction of directors - s. 150(3) of the Companies Act 1990 - numerous affidavits and cross-exmanation of deponents - requirement of speedy and efficient dispatch of civil litigation - protection of the public against supervision of companies by persons whose conduct has shown them to be a danger to creditors - company wound up in 2009 - alleged failure to submit tax returns, discharge VAT liability, file statement of affairs or co-operate with liquidator in 2010 and 2011 - application for extension of time - 76-year-old respondent - insolvency following collapse of housing market.