moved Amendments Nos. A204M to A205:"Page 466, line 18, leave out paragraph 15 and insert—"
15 (1) This paragraph applies in relation to documents or information to be sent or supplied to joint holders of shares or debentures of a company.
(2) Anything to be agreed or specified by the holder must be agreed or specified by all the joint holders.
(3) Anything authorised or required to be sent or supplied to the holder may be sent or supplied either—
(a) to each of the joint holders, or
(b) to the holder whose name appears first in the register of members or the relevant register of debenture holders.
(4) This paragraph has effect subject to anything in the company’s articles.””
Page 467, line 1, at end insert—
““( ) References in this paragraph to the bankruptcy of a person include—
(a) the sequestration of the estate of a person;
(b) a person’s estate being the subject of a protected trust deed (within the meaning of the Bankruptcy (Scotland) Act 1985 (c. 66)).
In such a case the reference in sub-paragraph (2)(b) to the trustee of the bankrupt is to be read as the permanent or interim trustee (within the meaning of that Act) on the sequestrated estate or, as the case may be, the trustee under the protected deed.””
On Question, amendments agreed to.
Schedule 6, as amended, agreed to.
Schedule 7 [Communications by a traded company]:
[Amendment No. A205A not moved.]
Company Law Reform Bill [HL]
Proceeding contribution from
Lord Sainsbury of Turville
(Labour)
in the House of Lords on Thursday, 30 March 2006.
It occurred during Debate on bills
and
Committee proceeding on Company Law Reform Bill [HL].
Type
Proceeding contribution
Reference
680 c380-1GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2024-12-17 19:40:25 +0000
URI
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