§ 70. Mr. CRAVEN-ELLISasked the President of the Board of Trade if the liquidator of the Hearts of Oak Assurance Company, Limited, is ready to make a statement as to what is the position of the policyholders?
§ Dr. BURGINI understand that owing to the complicated nature of this liquidation, the liquidator is not yet in a position to make an estimate of the position of the industrial and ordinary life-policy holders.
§ Mr. CRAVEN-ELLISMay I ask that steps be taken to expedite the liquidation of this company?
§ Dr. BURGINThe liquidator in this case was appointed by the court. The Board of Trade have no jurisdiction over the general conduct of liquidators. Although they can ask the liquidator to give a reply to any particular inquiry, the general liquidation is a matter under the control of the court.