The Director of Corporate Enforcement has called on companies to report more suspected cases of misconduct in the business community.

Paul Appleby made the comments at the launch of his annual report which showed directors of firms had to repay €160m which they had borrowed from companies.

28 companies, directors and others were convicted of breaching various requirements of company law.

Separately, Mr Appleby highlighted property management as an area which was causing significant difficulties for members of the public. He is trying to address this by developing guidance for property management companies.

Ann Fitzgerald, chief executive of the National Consumer Agency, stressed the importance of property owners' knowing their rights when they buy in a development run by a management company.

She said that in many cases consumers were unaware of what the companies did and how they operated. The agency has developed a guide on the issue which is available on www.consumerconnect.ie .

Meanwhile, the ODCE report shows that 14 people were disqualified in the year, with the restriction of two directors. This compares with 21 disqualifications and no restrictions in 2005.

Mr Appleby said among areas earmarked for attention this year are persons who falsify or fail to maintain documentation which properly reflects the company's business, and persons acting as offices of companies while not permitted to do so.

The ODCE will also be focusing on persons who falsify or fail to maintain documentation which properly reflects the company's business.

The ODCE is responsible for encouraging compliance with the Companies Acts.