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Mr. Coleman
asked the Secretary of State for Trade and Industry what information he has concerning the Eurofer proposals for an ordered restructuring of the European
| England and Wales | Scotland | |||
| 1Bankruptcies | 2Company liquidations | 1Sequestrations | 2Company liquidations | |
| July 1979 | 354 | 361 | 10 | 24 |
| January 1980 | 262 | 527 | 20 | 19 |
| July 1980 | 392 | 654 | 7 | 39 |
| January 1981 | 42S | 946 | 11 | 28 |
| July 1981 | 493 | 3 | 17 | 38 |
| January 1982 | 429 | 947 | 23 | 28 |
| July 1982 | 515 | 987 | 23 | 37 |
| January 1983 | 542 | 1,167 | 18 | 54 |
| July 1983 | 582 | 1,075 | 28 | 40 |
| January 1984 | 707 | 1,278 | 24 | 50 |
| July 1984 | 748 | 1,217 | 15 | 32 |
| January 1985 | 641 | 1,430 | 27 | 46 |
| July 1985 | 671 | 1,396 | 22 | 47 |
| January 1986 | 670 | 1,318 | 21 | 25 |
| July 1986 | 699 | 1,372 | 544 | 38 |
| January 1987*4 | 555 | 1,443 | 55 | 35 |
| * Provisional. | ||||
| 1 Sequestrations are the Scottish equivalent of bankruptcies. Bankruptcy and sequestration totals include administration orders and deeds of arrangement and the total is the net number of cases administered after consolidations and rescissions. | ||||
| 2 Includes compulsory and creditors' voluntary liquidations—the two types which involve insolvency. | ||||
| 3 Monthly figure not available due to Civil Service strike. | ||||
| 4 The remaining provisions of the Insolvency Act 1986 were brought into force on 29 December 1986. Proceedings for bankruptcy are changed under the new Act and receiving orders are replaced by bankruptcy orders. The new Act also introduced for the first time a deposit on petitions for compulsory liquidation. However, most of the insolvencies in January were petitioned under the previous legislation. | ||||
| 5 Provisions of the Bankruptcy Scotland Act 1985 which came into force on 1 April 1986 provided for public funds to be made available to compensate trustees dealing with sequestrations with no assets. | ||||