HC Deb 01 February 1984 vol 53 c254W
Sir David Price

asked the Secretary of State for Trade and Industry if he is yet in a position to announce Her Majesty's Government's proposals for dealing with the problem of directors of failed companies who start up new companies in the same field.

Mr. Alexander Fletcher

My right hon. Friend hopes to issue a White Paper shortly setting out the Government's proposals for the reform of insolvency law. I cannot disclose details in advance of publication, but there will be proposals to extend the disqualification powers and attachment of personal liability to curb the activities of irresponsible directors.

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