§ Mr. ATKEYasked the President of the Board of Trade whether the proposed new Rules relative to companies (winding-up), published in the "London Gazette" of the 5th April, have yet been laid before Parliament in accordance with Section 237, Sub-section (2), of the Companies (Consolidation) Act, 1908; if so, the date they were so laid; whether he is aware that copies of these Rules cannot be obtained by the public at His Majesty's Stationery Office, and that by the operation of certain of the proposed 1900W new Rules the rights of creditors under Section 188 of the Companies (Consolidation) Act will, in practice, be seriously diminished and prejudiced; and whether, before giving his concurrence to the proposed Rules, or otherwise allowing them to become operative, he will undertake to hear the representations of persons, concerned thereon?
§ Sir W. MITCHELL-THOMSONThe proposed new Rules relating to companies winding-up have not yet been formally made, and, therefore, have not been laid before Parliament in accordance with Section 237, Sub-section 2, of the Companies (Consolidation) Act, 1908. These Rules were published by His Majesty's Stationery Office on the 13th April, and copies can now be obtained. So far as I am aware, the rights of creditors in a voluntary winding-up will not be prejudiced by the proposed new Rules, but before my right hon. Friend gives his concurrence to those Rules any; representations made to him will receive careful consideration.