Clause 86
Company Law Reform Bill [Lords]
2:15 pm
Jonathan Djanogly (Shadow Solicitor General (Also Shadow Minister for Trade and Industry), Law Officers (Assist the Home Affairs Team); Huntingdon, Conservative)
There is no doubt that the problem is growing. Some schemes have been put in place. I believe that there is a system whereby companies can register to receive notifications of when changes are made. The notification pops up and advises them that, for example, the registered office has been changed. If it were not the proper directors who made the change, the company would see that. The system is not widely used. Perhaps the Department could consider advertising the process more widely. Other measures are also required.