§ Mr. CousinsTo ask the Secretary of State for Trade and Industry on what date, on what grounds, and by reference to which section of legislation he referred problems at Astra plc to his inspectors; if he will name the inspectors involved in this investigation; and when he expects the inspectors to report.
§ Mr. RedwoodFollowing an application by the company, Colin Percy Farquharson Rimer QC and John White FCA, were appointed inspectors on 16 August 1990 under section 431(2)(c) of the Companies Act 1985 to investigate and report on the affairs of the company. My right hon. Friend has asked them to look in particular at the events surrounding the rights issue by the company in July 1989. The inspectors are making good progress, but I cannot say when they will complete their report.