answer text |
<p>I am aware of concerns regarding the warranties sold by Scottish Power. The Insolvency
Service has reviewed information from the liquidators of two companies that administered
warranties sold between 1997 and 2001, in order to determine whether or not further
investigation is warranted using powers available in the Companies Act.</p><p> </p><p>
</p><p> </p><p>Investigations conducted under section 447 Companies Act 1985 are confidential,
so it is not usually possible to announce whether an investigation is taking place.
I can say that in practical terms an investigation of warranties sold between 1980
and 1999 is unlikely to be able to recover meaningful evidence.</p><p> </p><p> </p><p>
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