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Proceeding contribution from Lord Clinton-Davis (Labour) 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]

Once again, I rise to express the view that what has been proposed is more likely than ever to lead to litigation—undesirable litigation, at that. I do not think that what has been proposed is remotely likely to be feasible. Putting all the responsibility on the director, who must,"““reasonably and in good faith”” ," believe, and so on, is wholly unacceptable. For that reason, I oppose the amendment.


Secondary information

Type
Proceeding contribution
Reference
678 c292GC 
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