§ Mrs. EwingTo ask the President of the Board of Trade if he will list the number of corporate insolvencies in Scotland for each of the years 1993 and 1994, and in respect of each year(a) the number of reports submitted by practitioners, (b) the number of court proceedings commenced and (c) the number of disqualification orders made under the Companies (Disqualification of Directors) Act 1985; and if he will express the last figure as a percentage of the total number of corporate insolvencies in each year. [16049]
§ Mr. Jonathan EvansThe figures requested are as follows:
1993 1994 Corporate Insolvencies 941 695 (a) Conduct reports submitted by Insolvency Practitioners 241 215 (b) Disqualification Proceedings Commenced 75 114 (c) Disqualification Orders Made 54 72 Disqualification Orders as a Percentage of Corporate Insolvencies 5.74 10.36 Note:
1. The figures for corporate insolvencies are for the numbers of companies and include a few members voluntary liquidation cases (which are not insolvent) which cannot be separated in the total figures provided by Companies House.
2. The number of proceedings refer to individuals. Proceedings and results are not necessarily finalised in the year of issue, and conduct reports may relate to companies which failed in preceding two years.