§ Mr. HarveyTo ask the President of the Board of Trade how many unfit conduct reports pursuant to the Company Directors Disqualification Act 1986 were370W submitted by official receivers and were rejected for not being evidentially strong enough in each of the last three years. [29187]
§ Mr. Jonathan EvansThe number of unfit conduct reports submitted by official receivers and not proceeded with were:
Financial year Total Submitted without full report Total Submitted with full report Total not proceeded with 1992–93 2,536 121 32 1993–94 3,425 107 13 1994–95 2,281 244 26 The number of reports not proceeded with relates only to those submitted as a full report, some of which would have been submitted in the previous financial year. It also includes those where there were parallel criminal proceedings, the bankruptcy of the potential respondent or the discovery of evidence which would refute or mitigate the allegation of misconduct.
§ Mr. HarveyTo ask the President of the Board of Trade how many unfit conduct reports pursuant to the Company Directors Disqualification Act 1986 were submitted by insolvency practitioners and were rejected for not being evidentially strong enough in each of the last three years. [29188]
§ Mr. EvansThe number of unfit conduct reports submitted by insolvency practitioners and not proceeded with were:
Financial year Total submitted Total not proceeded with 1992–93 3,901 3,320 1993–94 3,727 3,604 1994–95 3,147 3,032 The number not proceeded with cannot be related to:
- (i) those reports submitted in that year because in some 25 to 30 per cent. of cases decisions following investigation will be taken in the next accounting period, and
- (ii) the number of reports accepted for further investigation, because some are not proceeded with subsequently because of parallel criminal proceedings, the bankruptcy of the potential respondent or the discovery of evidence which would refute or mitigate the allegation of misconduct.