§ Mr. HarveyTo ask the President of the Board of Trade what plans he has for compensation measures for ostrich breeders affected by his Department's investigation into the Ostrich Farming Corporation. [28527]
§ Mr. HarveyTo ask the President of the Board of Trade if he will make a statement on the progress of his Department's investigation into the Ostrich Farming Corporation. [28528]
Mr. TaylorFollowing an investigation under Companies Act powers, on 28 March 1996 the Secretary of State presented a petition to wind up the company in the public interest. On 3 April 1996, at an opposed hearing, the court granted the Secretary of State's further application for the appointment of the official receiver as provisional liquidator pending the hearing of the petition. On 8 May the company stated its intention to oppose the 299W petition and the court allowed a further five weeks for the filing of evidence and indicated that the petition should be heard as soon as possible thereafter which it is expected, on present information will be before the end of July 1996.