HC Deb 14 December 1932 vol 273 c350W

asked the President of the Board of Trade whether in view of the disclosures in the case of the Scottish Amalgamated Silks Company to the effect that the holders of the 11,000,000 deferred shares stand no chance of having any of their money returned, and in view of the amount of money lost to the shareholders through the operations of this company, he will consider bringing in a. Bill to give investors greater protection than they now have?


Due account will be taken of this case when the amendment of the Companies Act is under consideration.

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