I shall speak briefly to Clause 169 stand part and Clause 209 stand part. I may be misunderstanding what is intended here, but, to those who are not lawyers coming to the text, it seems daft that there needs to be a statutory requirement for a director to have a meeting with himself. This has led to litigation and technical difficulties when the requirement has not been observed. The noble Lord, Lord Wedderburn, will probably correct me, but I think that the reference is Neptune (Vehicle Washing Equipment) Ltd v Fitzgerald 1996, Chapter 274. The purpose of the Bill is simplification, and one should be realistic about small, especially one-man, companies. I hope that the Minister will enlighten us.
Company Law Reform Bill
Proceeding contribution from
Lord Freeman
(Conservative)
in the House of Lords on Thursday, 9 February 2006.
It occurred during Debate on bills
and
Committee proceeding on Company Law Reform Bill (HL).
Type
Proceeding contribution
Reference
678 c343GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2024-04-22 02:31:29 +0100
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