HC Deb 25 May 1973 vol 857 cc212-3W
Mr. Greville Janner

asked the Secretary of State for Trade and Industry how many companies have gone into compulsory liquidation in each of the last 10 years for which records are available; and what was the actual or, if impossible, the estimated total of the deficiencies of such companies in each of those years.

Sir G. Howe

The number of compulsory liquidations in England and Wales in each of the years 1963 to 1971 inclusive was respectively 729, 724, 805, 934, 1,230, 1,108, 1,181, 1,269 and 1,166. The provisional figure for 1972 is 1,150. This and other information about compulsory liquidations is in the Companies' Annual Reports, copies of which are in the Library.

I regret that the further information sought is not readily available.

Mr. Greville Janner

asked the Secretary of State for Trade and Industry how many persons have been directors of 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, between 11 and 20, 21 and 30, 31 and 40, 41 and 50, 51 and 100, and over 100 companies, respectively, which have gone into compulsory liquidation during each of the last five years for which records are available.

Sir G. Howe

I regret that the information cannot be ascertained without undue expenditure of time and effort.

Mr. Greville Janner

asked the Secretary of State for Trade and Industry how many directors have been required to pay out of their own resources deficiencies of companies put into compulsory liquidation during each of the last five years for which records are available; and what was the total of such payments.

Sir G. Howe

I regret that the information is not readily available. Inquiries will, however, be made of official receivers who are liquidators of companies and I will write to the hon. Member when their information is to hand.