Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Tuesday, 9 May 2006. It occurred during Debate on bill on Company Law Reform Bill [HL].

Company Law Reform Bill [HL]

moved Amendment No. 49:"Page 47, leave out lines 10 and 11 and insert—" ““( ) The statement of guarantee required to be delivered in the case of a company that is to be limited by guarantee must state that each member undertakes that, if the company is wound up while he is a member, or within one year after he ceases to be a member, he will contribute to the assets of the company such amount as may be required for— (a) payment of the debts and liabilities of the company contracted before he ceases to be a member, (b) payment of the costs, charges and expenses of winding up, and (c) adjustment of the rights of the contributories among themselves, not exceeding a specified amount.”” On Question, amendment agreed to. Clause 109 [Application and accompanying documents]:

Secondary information

Type: Proceeding contribution
Reference: 681 c803
Session: 2005-06
Chamber / Committee: House of Lords chamber
Subjects: Disclosure of information Animal welfare Company law Companies Directors Animal experiments Finance Environment Investment Documents Harassment Ethics Foreign companies Public companies Private companies Shares Shareholders
Legislation: Company Law Reform Bill (HL) 2005-06
Link: View this Proceeding contribution on www.publications.parliament.uk

Company Law Reform Bill [HL]

Secondary information

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