Independent TD Beverley Flynn has to pay €1.25 million to RTÉ by August 17th, the High Court was told today.
In the High Court today, Judge Elizabeth Dunne agreed to adjourn bankruptcy proceedings against Ms Flynn until October 8th at which point they will proceed if Ms Flynn has not paid the money to the State broadcaster.
Ms Flynn agreed earlier this month to pay the money to RTÉ within seven weeks to settle her failed three-year-old libel case bill and to abandon her attempt to challenge the constitutionality of laws barring bankrupts from holding Dáil seats.
An earlier offer to hand over a house and to pay 20 per cent of her Dáil salary for as long as she served in the Dáil was rejected by the State broadcaster when RTÉ insisted that only €300,000 would be realised after a mortgage was paid off.