My Lords, I am grateful to the Minister for that further explanation. Our concern was not that there should not be safeguards but that this was a safeguard that had no value at all because it could be so routinely evaded—indeed, is routinely evaded—by other devices. However, I think that we have got all the juice out of this particular orange and I beg leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Clause 97 [Re-registration of public company as private limited company]:
Company Law Reform Bill [HL]
Proceeding contribution from
Lord Hodgson of Astley Abbotts
(Conservative)
in the House of Lords on Tuesday, 9 May 2006.
It occurred during Debate on bills on Company Law Reform Bill [HL].
Type
Proceeding contribution
Reference
681 c800
Session
2005-06
Chamber / Committee
House of Lords chamber
Subjects
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Timestamp
2024-04-21 11:54:49 +0100
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