Proceeding contribution from Lord Sharman (Liberal Democrat) 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]
No, I do not. All litigation turns on a phrase of one kind or another, and I see no particular difference in this phrase as to any other. We are seeking to condition what the individual director must do, and I am suggesting that he should take ““all reasonable steps””. I think that is an eminently sensible approach.
Secondary information
- Type
- Proceeding contribution
- Reference
- 678 c286-7GC
- 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 02:25:52 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_297932
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