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Clause 33

Company Law Reform Bill [Lords]

Public Bill Committees, 20 June 2006, 5:00 pm

Photo of David Howarth

David Howarth (Shadow Minister (Energy), Trade & Industry; Cambridge, Liberal Democrat)

I am sympathetic to amendment No. 18, although I am not sure whether it has been drafted correctly and whether shareholding is the right criterion to use. An example is Equitable Life, which was an unlimited company without shares but which, as we know, ran into certain difficulties. It would have been useful for members of that organisation to have been able to obtain relevant documents. I ask the Government and the hon. Member for Huntingdon to reconsider the wording of their generally good amendments.

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