Proceeding contribution from Lord Sainsbury of Turville (Labour) in the House of Lords on Wednesday, 1 February 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].

Company Law Reform Bill [HL]

The noble Lord is quite right; this clause is needed to implement the Twelfth Company Law Directive on single-member private limited liability companies. Article 3 requires that where a company becomes a single-member company because all its shares come to be held by a single person, that fact, together with the identity of the sole member, must either be recorded at Companies House or entered in a register kept by the company and accessible to the public. Clause 120, as amended, agreed to. Clauses 121 to 124 agreed to. Clause 125 [Time limit for claims arising from entry in register]:

Secondary information

Type: Proceeding contribution
Reference: 678 c153-4GC
Session: 2005-06
Chamber / Committee: House of Lords Grand Committee
Subjects: Disclosure of information Appeals Company law Companies Directors Applications Assets Age Certification Eligibility Documents Membership Public companies Private companies Offices Registration Voting rights Stocks and shares Shareholders Trade marks
Legislation: Company Law Reform Bill (HL) 2005-06
Link: View this Proceeding contribution on www.publications.parliament.uk

Company Law Reform Bill [HL]

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