HC Deb 18 October 1976 vol 917 c360W
Mr. Ted Fletcher

asked the Secretary of State for Trade if he will list the number of companies whose accounts are under investigation by his Department.

Mr. Clinton Davis

The Department's powers of enquiry are not restricted to the accounts of a company but can cover also the conduct of its affairs. At present 59 enquiries are being carried out under Section 109 of the Companies Act 1967, and 46 enquiries are being carried out under Sections 164–165 of the Companies Act 1948.