28 July 2009
The Supreme Court today made an order setting aside an order of the High Court disqualifying a person ("the Appellant ") under Section 160(2)(e) of the Companies Act 1990 for a period of four years, in proceedings initiated by the Director in the High Court on foot of a High Court Inspectors Report, together with an Order that the Appellant recover against the Director all of the Appellant’s costs of the High Court and Supreme Court proceedings. As a stay had been granted on the High Court disqualification order pending the determination of an appeal by the Appellant, the disqualification order made by the High Court never came into effect.
See attachment below for the approved written judgement of Fennelly J of the Supreme Court. See attachment below for the approved written judgement of Denham J of the Supreme Court
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