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Companies Act

Volume 236: debated on Tuesday 4 March 1930

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asked the President of the Board of Trade in how many cases of registered companies the penaltiesunder the Companies Act, 1929, have been imposed by the registrar for failure to submit annual returns and balance sheets; and what is the total sum of such penalties collected to 31st January, 1930?

In accordance with the usual practice companies which have failed to file an annual return in respect of 1929, are being circularised by the Registrar, and the question of prosecution will only arise when this procedure fails to produce the return. The Registrar himself has no power to impose penalties.