HC Deb 28 July 1931 vol 255 c2105
2. Mr. EDE

asked the President of the Board of Trade what steps he proposes to take under Section 182 of the Companies Act to fix financial responsibility upon those who induced the public to be parties to the expenditure of more than £1,000,000 sterling upon the building of Gamages (West End), Limited, in view of the fact that the market value proved at auction to be no more than £330,000 and below the reserve placed upon it by the court under the bankruptcy proceedings?

Mr. W. GRAHAM

Under Section 182 the Official Receiver is required to report to the Court and not to the Board of Trade. I understand that in the case mentioned the Official Receiver has not yet reported.