Dominar Group Ltd (In Voluntary Liquidation) v The Companies Act 2014 (Approved) [2020] IEHC 208 (08 May 2020)

Dominar Group Ltd (In Voluntary Liquidation) v The Companies Act 2014 (Approved) [2020] IEHC 208 (08 May 2020)

The court found that while the liquidation was protracted and there was a breakdown in relations between the applicant and the liquidator, there was insufficient evidence of bias, incompetence, or failure to safeguard assets that would justify removal under s.638(1)(b). The liquidator's decisions were within the range of reasonable professional judgment, and the applicant's loss of confidence, though genuine, was not sufficient ground for removal.

Citation
[2020] IEHC 208
Parties
Applicant: Print & Display Limited; Respondent: Liam Dowdall; Notice Party: Michael Curneen
Jurisdiction
Ireland
Judgment Date
08 May 2020
Procedural Posture
Application for Removal of Liquidator Under S.638(1)(b) Companies Act 2014 / High Court Judgment on Application
Outcome
Application dismissed
Legal Topics
Liquidator Removal, Members' Voluntary Liquidation, Shareholder Disputes, Asset Realisation, Duties of Liquidator

Case Brief

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Parties

Print & Display Limited

Applicant

Liam Dowdall

Respondent

Michael Curneen

Notice Party

Procedural Posture

Application for Removal of Liquidator Under S.638(1)(b) Companies Act 2014 / High Court Judgment on Application

  1. 1 Whether the respondent should be removed as liquidator under s.638(1)(b) of the Companies Act 2014
  2. 2 Whether the liquidator failed to preserve and safeguard company assets
  3. 3 Whether the liquidator acted with bias or failed to act in the interests of both shareholders

Ratio Decidendi

The court found that while the liquidation was protracted and there was a breakdown in relations between the applicant and the liquidator, there was insufficient evidence of bias, incompetence, or failure to safeguard assets that would justify removal under s.638(1)(b). The liquidator's decisions were within the range of reasonable professional judgment, and the applicant's loss of confidence, though genuine, was not sufficient ground for removal.

Court Disposition

Application dismissed

Orders

  • The application to remove the respondent as liquidator is refused.
  • No order as to costs.