§ 28. Sir BERTRAM FALLEasked the President of the Board of Trade how many companies on 1st March had not complied with Section 110 of the Companies Act of 1929; and, seeing that in some cases the information should have been supplied by those responsible six months ago and that the methods at present adopted do not obtain punctual observation of the law, will he introduce amending legislation?
§ Mr. RUNCIMANThe number of public companies having a share capital, which were in default in respect of their annual returns under Section 110 of the Companies Act, 1929, to-day is 576. As the law stands at present, it is not possible 941 to say what companies are in default until 28 days after the close of the year to which the returns should relate, and the question has been noted for investigation when the amendment of the Companies Act is under consideration.