The High Court has set aside the appointment of a liquidator because two companies which supported the appointment provide faulty proxies for a creditors’ meeting.
The case following a meeting last June of creditors for a Meath company, Stainless Pipeline Supplies Irl Ltd (SPS), which went into voluntary liquidation owing more than €1.6 million.
At the meeting, creditor Clive Tyner proposed that Paul McCann be appointed liquidator, while the members nominated Frank Lafferty.
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