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Proceeding contribution from Lord Hodgson of Astley Abbotts (Conservative) in the House of Lords on Thursday, 9 February 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill (HL).


Company Law Reform Bill

I am grateful to the noble and learned Lord for his response. I do not want to run before our horse to market by anticipating our debates on Part 12, when we shall discuss the company secretary, but one issue that we are trying to distil in the Bill is transparency and a still, small voice of calm in the midst of the hurly-burly that is corporate life. That is one problem that we have with Part 10 generally. The company secretary, where there is one, is that still, small voice of calm because he has a much more administrative role. I hope that the Government will think further about this, because it could be very helpful in achieving the aims that are shared on all sides of the Committee: to get transparency and a proper process. Not accepting the amendment misses an opportunity to improve the possibilities for corporate governance. We shall come back to this when we discuss Part 12, but it is a pity not to have dealt with it here.


Secondary information

Type
Proceeding contribution
Reference
678 c339GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Conditions of employment Contracts Data protection Company law Companies Directors Conduct Annual reports Conflict of interests Liability Exemptions Electronic commerce Payments Public companies Money lenders Meetings Shares Shareholders
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk