HC Deb 15 May 1987 vol 116 c379W
Mr. Campbell-Savours

asked the Secretary of State for Trade and Industry whether he intends to apply in the courts for a winding-up petition in the case of IDB.

Mr. Giles Shaw

IDB's licence under the Prevention of Fraud (Investments) Act 1958 to deal in securities was revoked on 1 May. My right hon. Friend will exercise the other powers available to him if he considers the circumstances make it right to do so.