THE Supreme Court has adjourned an appeal over whether the Director of Corporate Enforcement can use material such as a tribunal of investigation report in his proceedings against brothers Michael and Tom Bailey seeking their disqualification from company management.

THE High Court has ruled that the Director of Corporate Enforcement is entitled to rely on an investigation by accountants PriceWaterhouseCoopers (PWC) into the affairs of Bovale Developments Ltd over a two year period in his bid to have developer brothers Michael and Thomas Bailey disqualified from managing any company on grounds of alleged misconduct and fraud in relation to the affairs of Bovale.