§ 59. Mr. DORANasked the President of the Board of Trade whether he has considered the communication sent to him by the hon. Member for North Tottenham (Mr. Doran) relative to the proposed reconstruction of General Theatre Corporation, Limited; and, in view of the consequent losses to the shareholders, whether he has any statement to make?
§ Dr. BURGINMy right hon. Friend has received the particulars regarding a scheme of arrangement under Section 153 of the Companies Act, 1929, relating to General Theatre Corporation, Limited, which my hon. Friend has sent to him, but the matter is before the court, and he has no statement to make.
§ Dr. BURGINI think the hon. Member has misunderstood me. It is not a question of winding up, but of a scheme for reconstruction under Section 153, and the matter is sub judice.