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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Tuesday, 28 March 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].


Company Law Reform Bill [HL]

moved Amendment No. A190E:"Page 336, line 6, leave out ““An annotation”” and insert ““A note””" The noble Lord said: In moving this amendment I shall speak to Amendments Nos. A190F, A191C and A195A. Clause 706 enables the registrar to remove items from the register, even where they have no legal consequences in certain respects, provided there has been an order from the court to that effect. It is clearly possible that there will be circumstances where the court decides that the right approach is for the material simply to be removed from the register, rather as if it had never existed. However, as it stands, the clause provides that the court order itself must be registered in all cases. Thus, while all trace of the original material may be removed, the fact that the court has ordered it to be removed, and thus that it once existed, will be revealed. In many instances this will be appropriate, but in some cases perhaps not. This amendment allows the court itself to determine whether, and to what extent, its own order should appear on the register in light of the circumstances of the particular case, and that must surely be right. I beg to move. On Question, amendment agreed to.


Secondary information

Type
Proceeding contribution
Reference
680 c353GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Appeals Accountancy Company law Companies Directors Finance EU law Foreign companies Registration Shares Reform Shareholders Takeovers Takeover Panel
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk