Liquidator appointed to private language collegeTuesday 27 May 2014 19.25
The High Court has appointed a provisional liquidator to a private language college that closed unexpectedly earlier this month.
It follows a meeting of creditors for Irish Business School yesterday which broke up inconclusively after the woman listed in company records as its owner said she was not in fact the owner.
The High Court ordered that Irish Business School be wound up and that Declan de Lacy of PKF O'Connor, Leddy and Holmes be appointed provisional liquidator.
The application for the appointment of a liquidator was made by a student who said she had paid fees to the company for a course which never started.
The student was supported by the Irish Council for Overseas Students.
IBS employed 18 teachers and had 330 students at the time of its closure.
At yesterday's creditors meeting company director Liz Clery said she had been holding the company's shares in trust for Fakir Hossain.
Mr Hossain is the owner of another English language school, Eden College, which also closed unexpectedly in recent weeks.
On Friday Mr Hossain declined to comment when he was asked whether he was the owner of IBS.