HC Deb 28 July 1975 vol 896 cc360-1W
Mr. Ryman

asked the Secretary of State for Trade whether he will appoint, in pursuance of his powers under Section 165 of the Companies Act 1948, inspectors to investigate the affairs of a firm of merchant bankers whose name has been supplied to him, and to report thereon.

Mr. Clinton Davis

No. On the information at present available, there are no grounds on which my right hon. Friend would be justified in exercising his investigatory powers under Section 165 of the Companies Act 1948.

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