Mr Justice Mark Sanfey has given the Lord of the Dance star until 2pm on Monday to complete the matter.

Mayo-based bio-tech firm Ovagen was trying to raise funds of €28 million for the patenting of a germ-free egg for use in vaccines when they were introduced to a Swiss banking company called Enerbiz. Its chief executive Adrianus Johannes Kees said he would help Ovagen secure a loan.

Michael Lynn is accused of having multiple mortgages on the same properties, with banks unaware that other institutions were also providing finance