§ 33. Mr. Robert Taylorasked the Secretary of State for Trade what is his latest 214W estimate of the net liabilities of Nation Life.
§ Mr. Clinton DavisThe statement of affairs required under Section 235 of the Companies Act 1948 contains an estimate of the liabilities which shows them, in total, to exceed £25 million. Agreement of the liabilities and the admission or rejection of the resultant claims are primarily matters for the liquidator appointed by the court. He is seeking the directions of the court on the bases to be used in making the necessary calculations.