HC Deb 17 October 1972 vol 843 cc38-41W
Mr. Arthur Lewis

asked the Secretary of State for Trade and Industry (1) when he was first asked to take action regarding Pinnock Finance Company (G.B.) Limited; what action he took and with what results; and whether, at all material times, this company sent through its returns and accounts as laid down under the Companies Act within the statutory declared period;

  1. (2) when he first was asked to take action regarding Sempah Holdings Limited; what action he took and with what results; and whether, at all material times, this company sent through its returns and accounts as laid down under the Companies Act within the statutory declared period;
  2. (3) when he first was asked to take action regarding Associated Leisure Holdings Limited; what action he took and with what results; and whether, at all material times, this company sent through its returns and accounts as laid down under the Companies Act within the statutory declared period;
  3. (4) when he first was asked to take action regarding Rolls Razor Limited; what action he took and with what results; and whether, at all material times, this Company sent through its returns and accounts as laid down under the Companies Act, within the statutory declared period;
  4. (5) when he first was asked to take action regarding Camp Bird Limited; what action he took and with what results; and whether, at all material times, this Company sent through its returns and accounts as laid down under 39 the Companies Act, within the statutory declared period;
  5. (6) when he was first asked to take action regarding Hartley Baird Limited; what action he took and with what results; and whether, at all material times, this Company sent through its returns and accounts as laid down under the Companies Act, within the statutory declared period;
  6. (7) when he was first asked to take action regarding H. J. Baldwin & Company, Limited; what action he took and with what results; and whether, at all material times, this Company sent through its returns and accounts as laid down under the Companies Act, within the statutory declared period;

Company Time and nature of first request for action Action taken, and result Whether at all material times, the company filed its returns and accounts within the statutory period
Pinnock Finance Company (Great Britain) Limited No request before investigation was begun Departmental investigation (under Section 18 of Protection of Depositors Act 1963) begun in April, 1967 No
Inspectors appointed (under Section 165 of Companies Act 1948) in August, 1967
Winding up order made in May, 1968, on petition of the company
Sempah Holdings Limited Request for investigation under Section 165(b) of Companies Act 1948, and for action under Section 210 made in January, 1963 Request refused as it was considered that the facts were sufficiently known to shareholders No
Associated Leisure Limited Request for an inquiry made in January, 1972 Departmental enquiries were made, and the results are under consideration No
Rolls Razor Limited Request for an investigation under Section 165(b) made in January, 1960 Request refused, but Inspectors were appointed in July, 1964. The Company went into voluntary liquidation in August, 1964 Yes
Criminal proceedings were instituted and convictions obtained against certain individuals
Camp Bird Limited Request for an investigation under Section 165(b) made in September, 1962 Request refused. Subsequently a petition was presented and a winding up order made in October, 1963 No
Hartley Baird Limited Request for an investigation under Section 165(b) of Companies Act 1948 made in December, 1962 Request refused because shareholders were in possession of sufficient information No
Departmental enquiries about defaults under Companies Act 1948 later made. The company are not now in default
H. J. Baldwin & Company Limited Request for an investigation under Section 165(b) made in December, 1962 Request refused, because shareholders were in possession of sufficient information No

(8) when he was first asked to take action regarding Dollar Land Holdings Limited; what action he took and with what results; and whether, at all material times, this Company sent through its returns and accounts as laid down under the Companies Act, within the statutory declared period;

(9) when he was first asked to take action regarding Three Way Nurseries Limited; what action he took and with what results; and whether, at all material times, this Company sent through its returns and accounts as laid down under the Companies Act, within the statutory declared period.

Mr. Noble

The information is as follows:

Company Time and nature of first request for action Action taken, and result Whether at all material times, the company filed its returns and accounts within the statutory period
Dollar Land Holdings Limited Request for investigation under Section 165(b) of Companies Act 1948 made in 1968 Request refused as insufficient information was provided No
Following departmental enquiries the company has taken steps to remedy outstanding defaults
Three Ways Nurseries Limited Request for investigation under Section 165(b) made in July, 1963 Refused as there were insufficient grounds No
Departmenta1 enquiries were made on numerous occasions, and in 1972 the managing director was successfully prosecuted for failing to lay accounts as required by Section 148 of the Companies Act 1948
"No" in the last column means that the company did not deliver its annual return or accounts within the period allowed on at least one occasion.