§ SIR SEYMOUR KINGI beg to ask the Secretary of State for India whether he has come to any decision as to initiating legislation for enabling Indian Companies to open offices for the transfer and registration of shares in this country?
§ THE SECRETARY OF STATE FOR INDIAI have been for some time past in correspondence with the Board of Trade and the Treasury on the subject referred to in my honourable Friend's Question, but the matter is more complicated than is apparent at first sight, and I am communicating these difficulties to the Government of India.