HC Deb 06 November 1972 vol 845 cc72-3W
Mr. Arthur Lewis

asked the Lord President of the Council why he will not move to appoint a Select Committee to examine the growing practice of companies and their directors failing to carry out their duties as laid upon them by the Companies Acts, and the continuing failure of the Department of Trade and Industry to take action to enforce these Acts.

Mr. Prior

As the hon. Gentleman already knows, the Department of Trade and Industry is taking further action to secure compliance by companies with the law and to strengthen the power to pursue defaulters.

I am therefore satisfied that an inquiry by a Select Committee would not serve any purpose.