I support the amendment as it seems to be the one thing that is missing here. We should remember that we are dealing with a resolution proposed to the members to remove an auditor from office. The auditor is usually appointed by the members on the recommendation of the board. Earlier, we debated the issue of nominee shareholdings and how they find out about things. With such wide use of proxies, it seems to be fundamental to state why you want to remove the auditor. It is very simple, and I cannot understand why it is not there.
Company Law Reform Bill [HL]
Proceeding contribution from
Lord Sharman
(Liberal Democrat)
in the House of Lords on Tuesday, 14 March 2006.
It occurred during Debate on bills
and
Committee proceeding on Company Law Reform Bill [HL].
Type
Proceeding contribution
Reference
679 c417GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2024-04-22 02:07:43 +0100
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