HC Deb 22 October 1990 vol 178 c49W
Mr. Flynn

To ask the Secretary of State for Trade and Industry when, and for what purpose, he set up the inquiry to investigate the affairs of Astra Holdings Ltd.

Mr. Redwood

Following an application by the company, inspectors were appointed on 16 August 1990 under section 431(2)(c) of the Companies Act 1985 to investigate and report on the affairs of the company. My right hon. Friend has asked them to look in particular at the events surrounding the rights issue by the company in July 1989.

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