§ Mr. Alfred Morrisasked the Secretary of State for Trade if, in the light of the case of Mr. B. E. Calvert, appointed as liquidator in respect of Brinley Davies Bakery, he will seek powers to regulate the appointment and conduct of liquidators in cases of voluntary liquidation.
§ Mr. EyreThe selection and appointment of a liquidator in a case of voluntary liquidation are proper matters for the members and creditors of the company to decide. Whether such appointments should, in addition, be subject to regulation, and the conduct of the liquidator similarly controlled, are questions to which the Insolvency Law Review Committee, under the chairmanship of Sir Kenneth Cork, has given much attention. The final report of the committee is expected early next year. It will be published. In the light of such recommendations as the committee makes and the ensuing public debate the Government will be better able to determine what steps are necessary and desirable.