Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.



Changes in British Company Law are recommended by the Company Law Amendment Committee set up in June, ] 943, under the chairmanship of Mr, Justice Cohen. . , The committee has now. issued its report after holding 47 meetings, at 26i of which oral evidence was heard. The committee is satisfied that the great majority of limited companies are honestly and consciously managed and that the power of limited liability companies is beneficial to trade and essential to British prosperity. However, says the report, if there is to be any flexibility in the Companies Act, opportunities for abuse will inevitably exist. Therefore the committee considers the fullest practicable disclosure of information concerning companies' activities will lessen such opportunities and be in accord with the awakening social consciousness. The committee has also sought to nnrt means of making it easier for shareholders to exercise more effective general control over the management of their companies, and makes a number of recommendations for far-reaching changes in the Companies' Acts. Few of many constructive suggestions that were submitted to it bv a large number of influential bodies and individuals were completely turned down.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

BRITISH COMPANY LAW, Auckland Star, Volume LXXVI, Issue 174, 25 July 1945

Word Count

BRITISH COMPANY LAW Auckland Star, Volume LXXVI, Issue 174, 25 July 1945

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.