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
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- 2024-04-22 01:40:50 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_297954
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