Proceeding contribution from Lord MacGregor of Pulham Market (Conservative) in the House of Lords on Monday, 6 February 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].
Company Law Reform Bill [HL]
Perhaps I may ask a simple question in relation to subsection (2). I note that paragraphs (a) and (b) both apply—the word in line 39 is ““and”” not ““or””—so what happens if the general knowledge, skill and experience of a director falls very far short of the general knowledge, skill and experience that may be reasonably expected of a director?
Secondary information
- Type
- Proceeding contribution
- Reference
- 678 c283-4GC
- Session
- 2005-06
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Codes of practice Company law Companies Directors Civil proceedings Conduct Finance Liability Management Taxation Shareholders Transfer pricing
- Legislation
- Company Law Reform Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-22 02:03:48 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_297921
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