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Proceeding contribution from Lord Sainsbury of Turville (Labour) in the House of Lords on Thursday, 30 March 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].

Company Law Reform Bill [HL]

Without a criminal sanction we think the requirement under Clause 752 to provide information or documents in hard copy to an individual member on request has no teeth. A member would be left with no recourse except to take the company to court for an order. We think that a criminal sanction here is proportionate and consistent with that provided under Clauses 409 and 410, which give a member a similar right to ask for a copy of the annual report and accounts. Therefore, I trust that noble Lords will not press the amendment.

Secondary information

Type
Proceeding contribution
Reference
680 c385GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Data protection Databases Audit Accountancy Company law Company accounts Companies Directors Applications Administration Court orders ICT Liability Information Documents Internet Electronic commerce Email Qualifications Personal records Public companies Staff Postal services Registration Reform Companies House Professional Oversight Board for Accountancy Statutory instruments
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk