§ Mr. HoyleTo ask the Secretary of State for Trade and Industry what assessment he has made of the impact of the decision in the case of Razzaqv. Pala on his plans to establish a rescue culture for companies. [125762]
§ Mr. ByersThe decision in that case is a matter for some concern and I therefore propose to undertake an urgent consultation on the issues raised by that decision against the possibility of their being addressed in the context of the current proposed legislation on insolvency.
A consultation paper has been issued asking whether or not landlords should continue to be able to effect peaceable re-entry (without the leave of the count) while a company or an individual is the subject of a statutory moratorium in the context of an insolvency procedure. I have placed copies of that document in the Libraries of the House.