HC Deb 08 November 1932 vol 270 cc195-6W
Mr. T. WILLIAMS

asked the President of the Board of Trade whether he will direct the Official Receiver to make an independent examination, with the assistance of the Government auditors, to ascertain the book-keeping methods by which the profit totals of Waring and Gillow during the five years 1925 to 1930 were arrived at, and to include the result of such investigation in the report to be made to the court, together with a disclosure of the justification for the declaration of dividends by the company during the same period?

Mr. RUNCIMAN

The Official Receiver's duties in relation to the affairs of the company mentioned will include such investigations as may be necessary in order to arrive at a decision on the question whether there is any matter relating to the conduct of the business of the company which he should bring to the notice of the Court in accordance with the requirements of Section 182 of the Companies Act, 1929.