§ Mr. Arthur Lewis
asked the Secretary of State for Trade and Industry whether he will publish in the OFFICIAL REPORT as much detailed information as may be readily available, giving for the longest period of time, the time and dates when the Dollar Land Holdings Ltd., and its subsidiary companies failed to publish their annual accounts on time, to have properly elected directors, to hold proper meetings, to register their accounts, and did not, for whatever reason, meet the requirements of the Companies Act; on how many occasions and by whom his Department was requested to take action; and what action was taken in each instance.
§ Sir G. Howe
The company was in default in the presentation of accounts to shareholders between January 1970 and October 1972. The company is, however, now up to date with its returns and accounts.
The question whether a company's directors are validly appointed is for the courts to determine but the company's management itself conceded that there were no directors between 1st January and 4th June 1970. The remainder of the hon. Member's Question could not be answered without disproportionate expenditure.