Company Law Reform Bill (HL). Lords Committee stage second day. Grand Committee off the floor of the House (Moses room). Clauses 73-153 agreed to, clauses 87,88,90,93-96,101,102,107,108,120,125,147 and 148 as amended.
Company Law Reform Bill [HL]
Type
Parliamentary proceeding
Reference
678 c119-76GC
Session
2005-06
Legislative stage
Committee stage
Chamber / Committee
House of Lords Grand Committee
Proceeding contributions
Lord Razzall | 678 c119-20GC (Link to this contribution)
I support my noble friend Lord Sharman. This is not a theoretical problem. At present there are a nu...
Lord McKenzie of Luton | 678 c138GC (Link to this contribution)
moved Amendments Nos. 101 to 102:"Page 42, line 23, leave out paragraph (c) and insert—"
““(c) t...
Show all contributions (153)
Lord McKenzie of Luton | 678 c138GC (Link to this contribution)
I am advised that that amendment was grouped with an amendment that we dealt with on Monday.
Lord McKenzie of Luton | 678 c125-6GC (Link to this contribution)
I shall speak to the amendment and the clause-stand-part debate. The current rules on trading disclo...
Lord Hodgson of Astley Abbotts | 678 c143GC (Link to this contribution)
moved Amendment No. 110:"Page 48, line 42, leave out subsection (6)."
The noble Lord said: This pro...
Lord Hodgson of Astley Abbotts | 678 c141GC (Link to this contribution)
I surrender absolutely after that. I am surprised that the Minister did not pray in aid the earlier ...
Lord Hodgson of Astley Abbotts | 678 c141GC (Link to this contribution)
moved Amendment No. 106:"Page 45, line 20, after ““of”” insert ““or the Master of the Court of Prote...
Lord Sharman | 678 c151-2GC (Link to this contribution)
I shall speak to Amendment No. 120, which is grouped with Amendment No. 119. The amendment is identi...
Lord Sainsbury of Turville | 678 c176GC (Link to this contribution)
This may be a convenient moment for the Committee to adjourn until Monday at 3.30 pm.
Lord McKenzie of Luton | 678 c174-5GC (Link to this contribution)
Clause 152 provides an important protection against a director being removed without an opportunity ...
Lord Freeman | 678 c170GC (Link to this contribution)
moved Amendment No. 141:"Page 65, leave out line 11."
The noble Lord said: I agree that shadow dire...
Baroness Murphy | 678 c166GC (Link to this contribution)
I thank the Minister for that explanation. I certainly understand that Clause 137 needs to be phrase...
Lord McKenzie of Luton | 678 c120GC (Link to this contribution)
As has been described, Amendment No. 73A seeks to give company names adjudicators additional powers....
Lord Hodgson of Astley Abbotts | 678 c119GC (Link to this contribution)
For reasons that are not clear, Amendment No. 74, which is in my name, contains the last part of thi...
Lord Sharman | 678 c119GC (Link to this contribution)
moved Amendment No. 73A:"Page 30, line 39, leave out subsection (1) and insert—"
““(1) If an app...
Lord McKenzie of Luton | 678 c138GC (Link to this contribution)
Would the noble Lord mind repeating that?
Lord Hodgson of Astley Abbotts | 678 c138GC (Link to this contribution)
That is true, but on reading it I wonder why we would have agreed to Amendment No. 102.
Lord Hodgson of Astley Abbotts | 678 c136-7GC (Link to this contribution)
I beg leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Clause 92 agreed to.
Claus...
Lord McKenzie of Luton | 678 c136GC (Link to this contribution)
The purpose of Clause 92 is to ensure that when a private company re-registers as a public company, ...
Lord Hodgson of Astley Abbotts | 678 c135-6GC (Link to this contribution)
moved Amendment No. 97:"Page 39, line 25, leave out paragraph (c)."
The noble Lord said: The questi...
Lord McKenzie of Luton | 678 c124GC (Link to this contribution)
I am advised that Section 28(5) makes liable a company that fails to comply and any officer who is i...
Lord Hodgson of Astley Abbotts | 678 c124GC (Link to this contribution)
I am grateful for that further clarification and I beg leave to withdraw the amendment.
Amendment, ...
Lord McKenzie of Luton | 678 c120-1GC (Link to this contribution)
The concern here seems to be that ““goodwill”” needs to be defined for the purposes of this clause, ...
Lord Hodgson of Astley Abbotts | 678 c121GC (Link to this contribution)
Clearly the noble Lord has access to enormous legal expertise. I am surprised that the way in which ...
Lord Hodgson of Astley Abbotts | 678 c121GC (Link to this contribution)
moved Amendment No. 76:"Page 31, line 31, leave out subsection (3)."
The noble Lord said: Amendment...
Lord Hodgson of Astley Abbotts | 678 c122-3GC (Link to this contribution)
moved Amendment No. 77:"Page 32, line 11, leave out ““five”” and insert ““three””"
The noble Lord s...
Lord McKenzie of Luton | 678 c133-4GC (Link to this contribution)
The proposed amendments relate to a clause that sets out the requirements relating to the share capi...
Lord McKenzie of Luton | 678 c133GC (Link to this contribution)
moved Amendment No. 92:"Page 37, line 40, leave out ““is limited by shares”” and insert ““has a shar...
Lord Hodgson of Astley Abbotts | 678 c129-30GC (Link to this contribution)
moved Amendment No. 86:"Page 36, line 29, leave out ““s”” and insert ““as””"
On Question, amendment...
Lord Hodgson of Astley Abbotts | 678 c130GC (Link to this contribution)
moved Amendments Nos. 87 to 88:"Page 37, line 1, leave out second ““is”” and insert ““its””""Page 37...
Lord McKenzie of Luton | 678 c129GC (Link to this contribution)
We accept Amendments Nos. 84, 86, 87 and 88 and thank the noble Lord for bringing those matters to o...
Lord Hodgson of Astley Abbotts | 678 c128-9GC (Link to this contribution)
I thank the noble Lord for that very comprehensive reply. It is no more satisfactory than it was two...
Lord Hodgson of Astley Abbotts | 678 c129GC (Link to this contribution)
moved Amendment No. 84:"Page 36, line 12, leave out first ““The”” and insert ““A””"
The noble Lord ...
Lord Hodgson of Astley Abbotts | 678 c144GC (Link to this contribution)
I am grateful to the Minister for that. I beg leave to withdraw the amendment.
Amendment, by leave,...
Lord McKenzie of Luton | 678 c143-4GC (Link to this contribution)
The clause concerns the requirements for documents to be provided on re-registration of a public com...
Lord McKenzie of Luton | 678 c142GC (Link to this contribution)
moved Amendment No. 107:"Page 45, line 24, at end insert—"
““( ) In subsection (4)(a), ““a tru...
Lord McKenzie of Luton | 678 c142-3GC (Link to this contribution)
moved Amendment No. 108:"Page 47, line 35, leave out from ““with”” to end of line 36."
On Question,...
Lord Hodgson of Astley Abbotts | 678 c140GC (Link to this contribution)
I am grateful to the Minister for his generous offer. I would have thought that where a director has...
Lord Sharman | 678 c160-1GC (Link to this contribution)
moved, as an amendment to Amendment No. 130, Amendment No. 131:"Line 2, leave out from beginning to ...
Lord Sainsbury of Turville | 678 c157GC (Link to this contribution)
I think that that probably makes three of us who are baffled. We will have another look at the provi...
Lord Hodgson of Astley Abbotts | 678 c156-7GC (Link to this contribution)
I am grateful to the Minister. Perhaps if would be possible to look at the title of the clause for a...
Lord Hodgson of Astley Abbotts | 678 c164GC (Link to this contribution)
I beg leave to withdraw my Amendment No. 130.
Amendment, by leave, withdrawn.
[Amendments Nos. 132...
Lord Sainsbury of Turville | 678 c154GC (Link to this contribution)
moved Amendment No. 126:"Page 55, line 36, at end insert ““(and, in Scotland, to any rule that the o...
Lord Sainsbury of Turville | 678 c153-4GC (Link to this contribution)
The noble Lord is quite right; this clause is needed to implement the Twelfth Company Law Directive ...
Lord Sainsbury of Turville | 678 c154-5GC (Link to this contribution)
This explanation will be a short journey into company legal history. The clauses in this chapter res...
Lord Sainsbury of Turville | 678 c153GC (Link to this contribution)
moved Amendment No. 122:"Page 54, line 8, leave out ““private”” and insert ““limited””"
The noble L...
Lord Hodgson of Astley Abbotts | 678 c155-6GC (Link to this contribution)
This is a probing amendment. We are not seeking to remove the whole of the clause from the Bill as m...
Baroness Murphy | 678 c150-1GC (Link to this contribution)
I thank the Minister for that reply. I am reassured in part about the interpretation by the courts. ...
Lord Hodgson of Astley Abbotts | 678 c152-3GC (Link to this contribution)
I thought the Minister said ““143””. I think the noble Lord, Lord Sharman, may come back to this iss...
Lord Sainsbury of Turville | 678 c152GC (Link to this contribution)
The first two subsections of new Clause 117 contained in Amendments Nos. 119 and 120 are identical. ...
Lord Hodgson of Astley Abbotts | 678 c146GC (Link to this contribution)
moved Amendment No. 114:"Page 50, line 34, leave out subsection (4)."
The noble Lord said: This is ...
Lord Hodgson of Astley Abbotts | 678 c146GC (Link to this contribution)
I am grateful to the Minister. Clearly we should have Divisions more often, as he has come back in a...
Lord Sainsbury of Turville | 678 c146-7GC (Link to this contribution)
The amendment would delete subsection (4) from Clause 113 and thus remove the obligation on the comp...
Lord Hodgson of Astley Abbotts | 678 c148GC (Link to this contribution)
I am extraordinarily grateful to the Minister. I am greatly illuminated by his remarks, and I beg le...
Lord Sainsbury of Turville | 678 c147-8GC (Link to this contribution)
I would be delighted to do so, although I am not certain that it would carry this debate forward to ...
Lord Hodgson of Astley Abbotts | 678 c148GC (Link to this contribution)
moved Amendment No. 115:"Page 51, line 40, leave out ““50”” and insert ““100””"
The noble Lord said...
Lord McKenzie of Luton | 678 c173GC (Link to this contribution)
This clause replaces Section 288(2) of the 1985 Act so far as it applies to directors. It retains th...
Lord Freeman | 678 c172-3GC (Link to this contribution)
moved Amendment No. 145:"Page 66, line 42, at end insert—"
““(a) the company, and
(b) ””
The ...
Lord McKenzie of Luton | 678 c172GC (Link to this contribution)
We will not astonish the noble Lord. We accept his amendment.
On Question, amendment agreed to.
Cl...
Lord Freeman | 678 c171GC (Link to this contribution)
I am entirely content with that explanation. It is very clear and it is on the record. I beg leave t...
Lord McKenzie of Luton | 678 c171-2GC (Link to this contribution)
moved Amendment No. 142:"Page 65, line 42, leave out ““18”” and insert ““16””"
The noble Lord said:...
Lord McKenzie of Luton | 678 c172GC (Link to this contribution)
moved Amendment No. 143:"Page 66, line 1, leave out from ““unless”” to second ““in”” in line 2 and i...
Lord Brabazon of Tara | 678 c164GC (Link to this contribution)
Before the noble Baroness launches herself into what will no doubt be a very interesting speech, the...
Lord Hodgson of Astley Abbotts | 678 c166GC (Link to this contribution)
We have hacked the matter pretty much to death but, in l’esprit d’escalier, I have one further quest...
Lord Sainsbury of Turville | 678 c166GC (Link to this contribution)
There is a standard approach and answer to these questions. We will of course monitor very closely t...
Lord Freeman | 678 c166-7GC (Link to this contribution)
moved Amendment No. 137:"Page 63, line 10, leave out ““16”” and insert ““18””"
The noble Lord said:...
Lord McKenzie of Luton | 678 c138GC (Link to this contribution)
moved Amendment No. 100:"Page 42, line 3, after ““be”” insert ““(or continue to be)””"
On Question,...
Lord McKenzie of Luton | 678 c139-40GC (Link to this contribution)
Where a company changes its status from a public to a private limited company there can be important...
Lord Hodgson of Astley Abbotts | 678 c137GC (Link to this contribution)
I understand the point that the Minister is making, but I do not understand why the Government are m...
Lord McKenzie of Luton | 678 c136GC (Link to this contribution)
I am happy to discuss the record of this discussion. If there is anything further that we need to do...
Lord McKenzie of Luton | 678 c137GC (Link to this contribution)
moved Amendment No. 99:"Page 41, line 29, leave out from beginning to third ““a””"
The noble Lord s...
Lord Hodgson of Astley Abbotts | 678 c135GC (Link to this contribution)
I am grateful to the Minister for his reply. Much of that technical stuff came at me quite fast. I w...
Lord Hodgson of Astley Abbotts | 678 c134GC (Link to this contribution)
moved Amendment No. 95:"Page 39, line 7, at end insert ““and””"
The noble Lord said: In moving Amen...
Lord Hodgson of Astley Abbotts | 678 c126GC (Link to this contribution)
I am grateful to the Minister for his response and his reassurance that we are simplifying procedure...
Lord Hodgson of Astley Abbotts | 678 c120GC (Link to this contribution)
moved Amendment No. 75:"Page 31, line 24, at end insert—"
““( ) In this section ““goodwill”” i...
Lord McKenzie of Luton | 678 c123GC (Link to this contribution)
Clause 75 supplements the clauses earlier in this part on registration of names containing sensitive...
Lord Hodgson of Astley Abbotts | 678 c134GC (Link to this contribution)
I am grateful to the Minister. Clearly, nowadays paid-up share capital is not of great concern to ma...
Lord Hodgson of Astley Abbotts | 678 c132GC (Link to this contribution)
That is a slightly disappointing reply, but I thank the Minister for it. His speaking note shows tha...
Lord Hodgson of Astley Abbotts | 678 c130GC (Link to this contribution)
moved Amendment No. 90:"Page 37, line 28, at end insert—"
““( ) from a company limited by guar...
Lord Sharman | 678 c130-1GC (Link to this contribution)
My name is also on the amendment. I echo strongly the arguments made by the noble Lord, Lord Hodgson...
Lord McKenzie of Luton | 678 c129GC (Link to this contribution)
The amendment would severely disadvantage those wishing to serve documents on any company, whether o...
Lord Hodgson of Astley Abbotts | 678 c129GC (Link to this contribution)
I am grateful to the Minister. Yes, the two things should probably be parallel, so we shall think ab...
Lord Hodgson of Astley Abbotts | 678 c129GC (Link to this contribution)
moved Amendment No. 85:"Page 36, line 15, leave out ““14”” and insert ““five working””"
The noble L...
Lord McKenzie of Luton | 678 c127-8GC (Link to this contribution)
Before I speak to the amendments, it might be helpful if I explained the tortuous background to this...
Lord Hodgson of Astley Abbotts | 678 c144-5GC (Link to this contribution)
I am disappointed by the Minister’s reply because we are not seeking to extend the Bill. All we are ...
Lord Hodgson of Astley Abbotts | 678 c145GC (Link to this contribution)
moved Amendment No. 113:"Page 50, line 15, at end insert—"
““( ) In the case of a company limi...
Lord Hodgson of Astley Abbotts | 678 c144GC (Link to this contribution)
moved Amendment No. 111:"Page 49, line 18, after ““103(2)(b) (”” insert ““private limited””"
The no...
Lord McKenzie of Luton | 678 c144GC (Link to this contribution)
I now understand better the thrust of the point that the noble Lord is making. I acknowledge that my...
Lord Hodgson of Astley Abbotts | 678 c144GC (Link to this contribution)
The Minister has not addressed our purpose in tabling the amendment. We are asking why we have this ...
Lord Hodgson of Astley Abbotts | 678 c142GC (Link to this contribution)
I am grateful to the Minister for his reassurance that somebody who lacks mental capacity would not ...
Lord McKenzie of Luton | 678 c140-1GC (Link to this contribution)
The amendment would remove subsection (2), which prevents companies changing their status successive...
Lord Hodgson of Astley Abbotts | 678 c140GC (Link to this contribution)
moved Amendment No. 105:"Page 45, line 11, leave out subsection (2)."
The noble Lord said: We are m...
Lord Hodgson of Astley Abbotts | 678 c163-4GC (Link to this contribution)
I am grateful to the Minister for that response, which is clearly very considered, and for his assur...
Lord Sainsbury of Turville | 678 c161-3GC (Link to this contribution)
I agree with the noble Lord, Lord Hodgson, that this is a very important part of the Bill. Clause 13...
Baroness Murphy | 678 c161GC (Link to this contribution)
I support the amendment moved by the noble Lord, Lord Hodgson, and have nothing further to add to hi...
Lord Hodgson of Astley Abbotts | 678 c157-60GC (Link to this contribution)
moved Amendment No. 130:"Page 60, line 23, leave out subsection (1) and insert—"
(1) All compani...
Lord Sainsbury of Turville | 678 c153GC (Link to this contribution)
moved Amendments Nos. 123 to 125:"Page 54, line 12, leave out ““private”” and insert ““limited””""Pa...
Lord Sainsbury of Turville | 678 c156GC (Link to this contribution)
This clause retains an existing exemption to the general prohibition, retained in Clause 127, on a c...
Baroness Murphy | 678 c148-9GC (Link to this contribution)
moved Amendment No. 116:"Page 52, line 26, leave out ““not”” and insert ““being””"
The noble Barone...
Lord Hodgson of Astley Abbotts | 678 c151GC (Link to this contribution)
moved Amendment No. 119:"After Clause 117, insert the following new clause—"
““ENTRIES RELATING TO...
Lord Sainsbury of Turville | 678 c152GC (Link to this contribution)
It is Clause 743. I am surprised the noble Lord missed it.
Lord Hodgson of Astley Abbotts | 678 c152GC (Link to this contribution)
I am grateful to the Minister. I accept that there is a need to regularise and that we need to keep ...
Lord Hodgson of Astley Abbotts | 678 c147GC (Link to this contribution)
I am grateful to the Minister. This is a probing amendment to try to discern the gravity of what we ...
Lord Sainsbury of Turville | 678 c148GC (Link to this contribution)
Amendment No. 115 would remove the requirement for an index of members for companies with between 50...
Lord Hodgson of Astley Abbotts | 678 c148GC (Link to this contribution)
I thank the Minister and am happy to beg leave to withdraw the amendment.
Amendment, by leave, with...
Lord Brabazon of Tara | 678 c176GC (Link to this contribution)
The Committee stands adjourned until Monday at 3.30 pm.
The Committee adjourned at twenty-three min...
Lord Freeman | 678 c173-4GC (Link to this contribution)
I find that argument persuasive. It remains to be seen whether, when the Law Society, in particular,...
Lord Freeman | 678 c169GC (Link to this contribution)
moved Amendment No. 140:"Page 64, line 33, at end insert—"
““( ) A director owes the duties pr...
Lord Sainsbury of Turville | 678 c169GC (Link to this contribution)
moved Amendment No. 139:"Page 64, line 32, leave out from ““notwithstanding”” to end of line 33 and ...
Lord Sainsbury of Turville | 678 c169GC (Link to this contribution)
I entirely agree with the noble Lords, Lord Freeman and Lord Hodgson, that anyone who purports to be...
Lord Sainsbury of Turville | 678 c170-1GC (Link to this contribution)
Clauses 146 to 150 retain the requirements of Sections 288 and 289 of the 1985 Act as regards compan...
Lord McKenzie of Luton | 678 c138GC (Link to this contribution)
Perhaps we can look at the Official Report and revert to the matter, but I do not believe that the a...
Lord Hodgson of Astley Abbotts | 678 c138-9GC (Link to this contribution)
moved Amendment No. 103:"Page 43, line 3, at end insert ““, or"
(iii) the company delivers to th...
Lord Hodgson of Astley Abbotts | 678 c138GC (Link to this contribution)
Of course. Amendment No. 102 will remove the last line and a half of Clause 96, which says,"““and . ...
Lord Hodgson of Astley Abbotts | 678 c136GC (Link to this contribution)
I thank the Minister. The purpose of the amendment was, not to argue that Clause 92(1)(c) could not ...
Lord McKenzie of Luton | 678 c137GC (Link to this contribution)
moved Amendment No. 98:"Page 41, line 10, leave out from ““corporate”” to end of line 12."
On Quest...
Lord McKenzie of Luton | 678 c134-5GC (Link to this contribution)
The amendments remove subsection (5)(b) of Clause 91. The subsection provides that the registrar mus...
Lord Hodgson of Astley Abbotts | 678 c124GC (Link to this contribution)
moved Amendment No. 79:"Page 33, line 28, leave out subsections (2) and (3)."
The noble Lord said: ...
Lord McKenzie of Luton | 678 c124-5GC (Link to this contribution)
I understand why noble Lords might consider that these two subsections add unnecessary complexity to...
Lord Hodgson of Astley Abbotts | 678 c125GC (Link to this contribution)
I am grateful to the Minister for that reply. We will reflect on the conditionality argument that he...
Lord Hodgson of Astley Abbotts | 678 c125GC (Link to this contribution)
moved Amendment No. 80:"Page 34, line 31, leave out paragraph (a)."
The noble Lord said: In moving ...
Lord Hodgson of Astley Abbotts | 678 c126-7GC (Link to this contribution)
moved Amendment No. 81:"Page 36, line 9, after ““office”” insert ““in the United Kingdom””"
The nob...
Lord Hodgson of Astley Abbotts | 678 c123-4GC (Link to this contribution)
I am grateful to the Minister for that. I am not sure that I quite understood why we have changed th...
Lord Sharman | 678 c120GC (Link to this contribution)
My name is attached to the amendment as well. I will not delay the Committee’s proceedings except to...
Lord Sharman | 678 c120GC (Link to this contribution)
I have heard what the noble Lord has said. I just observe that the problem with trademark legislatio...
Lord McKenzie of Luton | 678 c121-2GC (Link to this contribution)
The thinking behind the amendment is that a company should change its name as soon as an adjudicator...
Lord Hodgson of Astley Abbotts | 678 c122GC (Link to this contribution)
The last concern could be tackled by a further addition to our amendment: that during the appeal pro...
Lord Hodgson of Astley Abbotts | 678 c133GC (Link to this contribution)
moved Amendment No. 93:"Page 38, line 17, leave out ““the authorised minimum”” and insert ““£100,000...
Lord McKenzie of Luton | 678 c131-2GC (Link to this contribution)
It may be useful to set out the background to Amendment No. 90. If a company of type A wishes to bec...
Lord McKenzie of Luton | 678 c132GC (Link to this contribution)
moved Amendment No. 91:"Page 37, line 31, after first ““company”” insert ““(whether limited or unlim...
Baroness Fookes | 678 c131GC (Link to this contribution)
I must suspend the Committee as there is a Division in the House. I propose that we return in 10 min...
Lord Sharman | 678 c127GC (Link to this contribution)
Amendment No. 83, which is grouped with Amendment No. 81, is in my name. The noble Lord, Lord Hodgso...
Lord McKenzie of Luton | 678 c144GC (Link to this contribution)
It is important that the Bill is as helpful as possible to the reader. That has been the drafting ap...
Lord McKenzie of Luton | 678 c143GC (Link to this contribution)
moved Amendment No. 109:"Page 48, line 19, at end insert—"
““( ) In subsection (4)(a), ““a tru...
Lord McKenzie of Luton | 678 c141-2GC (Link to this contribution)
This clause requires members of a company to give their assent before a company re-registers as unli...
Lord McKenzie of Luton | 678 c140GC (Link to this contribution)
moved Amendment No. 104:"Page 44, line 39, leave out from ““with”” to end of line 40."
On Question,...
Lord Sharman | 678 c164GC (Link to this contribution)
I do not think that the Minister is right in his argument about cost. Significant savings would aris...
Baroness Murphy | 678 c164GC (Link to this contribution)
moved Amendment No. 135:"Page 61, line 8, leave out ““documents and information”” and insert ““all t...
Lord Hodgson of Astley Abbotts | 678 c154GC (Link to this contribution)
moved Amendment No. 127:"Page 56, line 21, leave out paragraph (a)."
The noble Lord said: This is a...
Lord Hodgson of Astley Abbotts | 678 c153GC (Link to this contribution)
I shall be very brief because I think the Minister has answered the issue we wished to raise in rela...
Lord Hodgson of Astley Abbotts | 678 c155GC (Link to this contribution)
As I explained, this was a probing amendment to get the Minister’s up-to-date thinking on this issue...
Lord Hodgson of Astley Abbotts | 678 c149-50GC (Link to this contribution)
My name is on these three amendments and I support the noble Baroness. Our view is that it would be ...
Lord Sainsbury of Turville | 678 c150GC (Link to this contribution)
If the noble Baroness agrees, I should like to take together her proposed amendments to this clause....
Lord Sainsbury of Turville | 678 c145-6GC (Link to this contribution)
Clause 112 defines who the members of a company are. The subscribers—that is, those who authenticate...
Lord Freeman | 678 c175-6GC (Link to this contribution)
That is a logical and understandable argument. However, I am not entirely satisfied. One of the main...
Lord Freeman | 678 c174GC (Link to this contribution)
moved Amendment No. 148:"Page 68, line 7, at end insert ““or require that the meeting be adjourned t...
Lord Freeman | 678 c169-70GC (Link to this contribution)
I thank the Minister for that explanation and beg leave to withdraw the amendment.
Amendment, by le...
Lord Freeman | 678 c172GC (Link to this contribution)
moved Amendment No. 144:"Page 66, line 7, after ““is”” insert ““a””"
The noble Lord said: This coul...
Lord Sainsbury of Turville | 678 c169GC (Link to this contribution)
moved Amendment No. 138:"Page 64, line 32, after ““a”” insert ““person acting as a””"
The noble Lor...
Baroness Murphy | 678 c164-5GC (Link to this contribution)
If there were full shareholder enfranchisement, this clause, which empowers the Secretary of State, ...
Lord Sainsbury of Turville | 678 c165-6GC (Link to this contribution)
Clause 137 confers on the Secretary of State a power to make regulations to compel companies to prov...
Lord Sainsbury of Turville | 678 c167-8GC (Link to this contribution)
It is a fact not known to many people that, as the noble Lord, Lord Freeman, said, companies’ legisl...
Lord Freeman | 678 c168-9GC (Link to this contribution)
I am grateful to the Minister for that explanation. I have not received any representations from any...
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