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Directors resign after GV9

23rd March 1973, Page 32
23rd March 1973
Page 32
Page 32, 23rd March 1973 — Directors resign after GV9
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Which of the following most accurately describes the problem?

• The directors of a Bristol transport firm resigned following the issue of a GV9 for one vehicle.

The Western LA, Maj-Gen Sir John Potter, was told this at a public inquiry last week, called to consider giving a direction under Section 69.

The company, Wrings Transport Ltd, appeared at an adjourned hearing following the issue of prohibition notices and offences relating to the overloading of vehicles.

Appearing for Wrings, Mr Geoffrey Jones, told the court that on March 6, this year, Wrings was taken over by Mixed Concrete Holdings Ltd. All the former directors had resigned, being replaced by directors appointed by Mixed Concrete Holdings. Wrings would now be run as a wholly owned subsidiary.

"The new directors have acted with commendable speed and fully reconstituted the maintenance facilities for the vehicles," said Mr Jones, who added that the Wrings fleet would be maintained in the same manner as the Mixed Concrete vehicles. Mr Malcolm Carlisle, chief executive of Mixed Concrete Holdings, said his company acquired the whole of the issued share capital of Wrings Transport on March 6 this year.

Answering Mr Jones, he admitted that when his company took over Wrings it also took over a problem.

• The LA heard that the new owners had reduced Wrings fleet to 28 from an authorized 50 vehicles.

Questioned by Mr Jones on the issue of a GV9 on March 6, Mr Carlisle said the vehicle in question should never have gone out.

"As a result of that the previous management resigned and the vehicle was scrapped," he told the court.

The LA said because of the take-over circumstances had changed. The company had made a substantial cut from 50 authorized vehicles and two trailers to 28 authorized and one trailer.

He curtailed the licence to 35 vehicles and two trailers.


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