§ 5. Mr. EDEasked the President of the Board of Trade whether he is aware that the Official Receiver has reported on the promotion of Gamages (West End), Limited, to the effect that the prospectus failed to disclose that the London County Council had not passed the building plans which formed the basis upon which the public were invited to subscribe; and that the minute books of the company contained no record of the change of plans and expenditure; and whether, in view of the fact that shareholders were not informed that the prospectus on which they were invited to subscribe was not the basis of the company's operations, he will request the Law Officers of the Crown to communicate with the Official Receiver?
§ Sir P. CUNLIFFE-LISTERI am aware of the facts. The Official Receiver in making his report to the Board of Trade in accordance with the regular procedure has reported that, so far as he has been able to ascertain the facts as to the promotion and formation of the company and the conduct of its business, there are no grounds for instituting a prosecution. In these circumstances, I see no reason for consulting the Law Officers.