The liquidator of a restaurant and café in Castleknock, Dublin, resigned after discovering the operating company’s bank accounts had been “drained of funds”, the High Court has heard.
Castleknock Hospitality Ltd, which ran the Twin Oaks and Acorn restaurant/café, went into voluntary liquidation last September having closed last May after just under two years in operation.
PJ Lynch, of PJ Lynch & Co Chartered Accountants, was appointed liquidator but he resigned in November due to what he said were issues including that the company director and secretary continued to pay creditors after his appointment as liquidator.
On Thursday, Revenue, which is owed nearly €187,000 and is the sole preferential creditor, applied to the High…
