Creditors and other stakeholders of insolvent companies suffer commercial damage when monies for goods and services are left unpaid.

One of the reasons why the ODCE was established was because of public concern that some of the cases of corporate failure involved the directors acting dishonestly or irresponsibly and because such behaviour, where it occurred, was not being sanctioned in the past.

The task of the Insolvency Unit is to enforce the Director's responsibilities under company law in respect of insolvent companies by,
  • Supervising Liquidators in the Proper Discharge of their Duties.
  • Assessing Directors' Conduct in Insolvent Liquidation Situations.
  • Sanctioning Fraudulent or Abusive Behaviour.

Liquidators of insolvent companies must report to the ODCE on its demise and must also apply to the High Court for the restriction of each of the directors of those companies unless they are relieved of that obligation by the Insolvency Unit.

The ODCE actively invites complaints from creditors, stakeholders and the general public regarding the actions of directors of companies and/or the
performance of liquidators and receivers.

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Frequently Asked Questions

ODCE encourages the public to visit the extended FAQs section of website for information before contacting the Office.
Covid-19 Arrangement for AGMs.

What's New

Temporary contact details
Insolvency related issues
Data Protection issues
Statement on the performance of our functions
Covid-19: Temporary amendments to Companies Act 2014
(extended to 9th June 2021)

Latest News

Louth man pleads guilty to fraudulent trading and fraud offences. The Director has issued a Press Release on the matter.