HC Deb 03 February 1913 vol 47 c1782
40. Mr. F. HALL

asked the President of the Board of Trade if he will cause an inquiry to be made as to the conduct of the affairs of the St. David's Mining Company, Limited (1908), with a view to the prosecution of those responsible for what the facts show to have been a bogus flotation?

Mr. BUXTON

The Board of Trade have no jurisdiction to cause an inquiry to be made into the affairs of a company except upon an application made by a proportion of the shareholders under Section 109 of the Companies (Consolidation) Act, 1908, or upon the making of an order for compulsory winding-up.