Committee Reports::Report - Companies Bill, 1962 (Recommital)::26 July, 1963::Proceedings of the Joint Committee

IMEACHTAÍ AN CHOISTE SPEISIALTA.

PROCEEDINGS OF THE SPECIAL COMMITTEE.

Dé hAoine, 26 Iúil, 1963.

Friday, 26th July, 1963.

1. Chruinnigh an Coiste ar 11 a.m.


2. Comhaltaí i Láthair.


Bhí na comhaltaí seo a leanas i láthair:—


An Teachta Ó Colla (sa Chathaoir), an tAire Tionscail agus Tráchtála, na Teachtaí Booth, Ó Broin, Mac Cosgair, D. Ua Coisdealbha, de Valera, Ó Gallchobhair agus Suatman.


3. Breithniú na Leasuithe.


D’athchrom an Coiste ar na leasuithe a bhreithniú.


(i) Alt 245.


Tairgeadh leasú (An Teachta Suatman):


“In page 136, to add a new subsection as follows:


‘(6) Nothing herein contained shall affect the privilege of any client in respect of any information in the possession of a solicitor.’”


Tarraingíodh siar an leasú, faoi chead.


(ii) Alt 283.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 146, subsection (2), lines 19 and 20, to delete ‘which have not been claimed during the 6 years preceding the commencement of the winding up’ and substitute ‘more than 6 years preceding the commencement of the winding up which have not been claimed within the said 6 years’”.


Aontaíodh an leasú.


(iii) Alt 285.


Tairgeadh leasú (An Teachta Ó Broin):


“In page 147, subsection (2) (a) (ii), to delete lines 10 to 14, inclusive.”


Tarraingíodh siar an leasú, faoi chead.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 148, subsection (3), line 8, to delete ‘£200’ and substitute ‘£300’”.


Aontaíodh an leasú.


(iv) Alt 289.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 150, subsection (1) (b), line 26, to delete ‘person’ and substitute ‘officer of the company’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 150, subsection (1) (d), line 29, before ‘charge’ to insert ‘floating’”.


Aontaíodh an leasú.


Tairgeadh leasú (An t Aire Tionscail agus Tráchtála):


“In page 150, subsection (1) (d), line 31, to delete ‘person’ and substitute ‘officer’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 150, subsection (1) (d), line 32, to delete ‘or his spouse or nominee’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 150, subsection (1), line 35, to add ‘unless it is proved that the company immediately after the creation of the charge was solvent’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 150, between lines 37 and 38 to insert a new sub-section as follows:


‘(3) In this section “officer” includes the spouse, child or nominee of an officer.’”


Aontaíodh an leasú.


(v) Alt 290.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 151, subsection (6), lines 32 and 33, to delete ‘may be proved by him as a debt in the winding up’ and substitute ‘shall be deemed to be a debt proved and admitted in the winding up’.”


Aontaíodh an leasú.


(vi) Alt 305.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 159, subsection (1), line 6, to add the following to paragraph (b):


‘and, in the absence of any direction as to their disposal, he may then dispose of them as he thinks fit.’”


Aontaíodh an leasú.


(vii) Alt 307.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 159, subsection (4), line 39, to delete ‘appear to him to’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 159, to delete subsection (5), lines 41 to 44.”


Aontaíodh an leasú.


(viii) Alt 320.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 165, subsection (3), line 16, after ‘reasonable’ to add ‘,subject to an appeal to the court’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 165, subsection (4), line 20, after ‘declaration’ to insert ‘;and in any other case references to the court shall be taken to refer to the court by which the receiver was appointed’”.


Aontaíodh an leasú.


(ix) Alt 352.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 175, subsection (1), paragraph (c), line 43, to add ‘and also the address of the company’s principal place of business in the State’”.


Aontaíodh an leasú.


(x) Alt 353.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 176, paragraph (c), line 47, to add ‘or the address of its principal place of business in the State;’”


Aontaíodh an leasú.


(xi) Alt 356.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 177, after line 52, to add a new subsection as follows:


‘(3) This section shall cease to apply to a company on the expiration of three years after it has given the notice referred to in section 357.’”


Leasaíodh an leasú, faoi chead, trí “two” a chur in ionad “three”.


Aontaíodh an leasú, mar a leasaíodh.


(xii) Alt 361.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 179, subsection (1), paragraph (a) (v), line 11, to delete ‘office’ and substitute ‘place of business’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 180, subsection (8) (b), line 12, to delete ‘previously issued’ and substitute ‘issued within the preceding 3 years’”.


Leasaíodh an leasú, faoi chead, trí “2” a chur in ionad “3”.


Aontaiodh an leasú, mar a leasaíodh.


(xiii) Alt 364.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 182, subsection (2), lines 11 and 12, to delete ‘of the contract’”.


Aontaíodh an leasú.


(xiv) Alt 368.


Tairgeadh leasú (An Teachta Suatman:)


“In page 183, to add a new subsection as follows:


‘(5) The registrar shall separately keep an index of


(a) all companies incorporated in Ireland;


(b) all companies to which XI of this Act applies;


(c) all persons registered as directors of any company and specifying the company of which each such person is a director.’”


Tarraingíodh siar an leasú, faoi chead.


(xv) Alt 370.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 183, subsection (3), line 43, after ‘registrar’ to insert ‘assistant registrar or other officer authorised by the Minister’”.


Aontaíodh an leasú.


(xvi) Alt 371.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 183, subsection (1), to delete all words from ‘having made default’ in line 47 to ‘requiring it’ in line 52 and substitute ‘or any officer of a company having made default in complying with any provision of this Act fails to make good the default within 14 days after the service of a notice on the company or officer requiring it or him.’”


Aontaíodh an leasú.


(xvii) Alt 379.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 186, subsection (1), lines 40 and 41, to delete ‘at or to the address of any subscriber of the memorandum’ and substitute ‘by registering it at the office for the registration of companies’”.


Aontaíodh an leasú.


(xviii) Alt 384.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 188, subsection (3), line 12, after ‘final’ to insert ‘subject to an appeal to the Supreme Court on a question of law’”.


Aontaíodh an leasú.


(xix) Alt 386.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 188, line 30, after ‘£50’ to add:


‘unless the court, having regard to all the circumstances of the case, otherwise decides.’”


Aontaíodh an leasú.


(xx) Alt 387.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 188, to delete lines 31 to 33.”


Aontaíodh an leasú.


(xxi) Alt 398.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 190, to delete lines 24 to 26 and substitute:


‘398.—Notwithstanding section 58 of the Solicitors Act, 1954, a person to whom paragraph (a) or (b) of subsection (1) of section 162 applies may draw or prepare any document for the purposes of this Act other than a deed or a memorandum or articles of association.’”


Aontaíodh an leasú.


(xxii) An Chéad Sceideal.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 197, Table A, regulation 51, line 51, before ‘An’ to insert ‘Subject to sections 133 and 141 of the Act,’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 198, Table A, regulation 51, to delete all words from ‘so, however,’ in line 9 to the end of the regulation.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In the page 203, Table A, regulation 88, line 11, after ‘be’ to insert ‘by such person or persons and’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 203, Table A, regulation 91, lines 38 to 40, to delete ‘(other than an offence under the Road Traffic Act, 1961, or any Act or Acts amending it)’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 210, Table A, Part II, regulation 4, line 8, before ‘An’ to insert ‘Subject to sections 133 and 141 of the Act,’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 210, Table A, Part II, regulation 4, to delete all words from ‘so, however,’ in line 19 to the end of the regulation.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 210, Table A, Part II, lines 28 to 33, to delete regulation 6 and substitute the following:


‘6. Subject to section 141 of the Act, a resolution in writing signed by all the members for the time being entitled to attend and vote on such resolution at a general meeting (or being bodies corporate by their duly authorised representatives) shall be as valid and effective for all purposes as if the resolution had been passed at a general meeting of the company duly convened and held, and if described as a special resolution shall be deemed to be a special resolution within the meaning of the Act.’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 210, Table A, Part II, to delete lines 62 to 65, and in page 211 to delete lines 1 to 4.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 211, Tábla A, line 15, at the end of the line to insert ‘(Uimh. de 196).’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 218, Tábla A, rialachár 51, line 30, before ‘Déanfar’ to insert ‘Faoi réir ailt 133 agus 141 den Acht’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 218, Tábla A, rialachán 51, to delete all words from ‘sa dóigh’ in lines 40 and 41 to the end of the regulation.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 224, Tábla A, rialachán 88, line 51, after ‘bheidh,’ to insert ‘ag cibé duine nó daoine agus’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 225, Tábla A, rialachán 91, lines 28 to 30, to delete ‘(seachas cion faoin Acht um Thrácht ar Bhóithre, 1961, nó aon Acht nó Achtanna á leasú)’.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 233, Tábla A, Cuid II, rialachán 4, before ‘Déanfar’ in line 37 to insert ‘Faoi réir ailt 133 agus 141 den Acht.’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 233, Tábla A, Cuid II, rialachán 4, to delete all words from ‘sa dóigh’ in line 48 to the end of the regulation.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 234, Tábla A, Cuid II, lines 6 to 12, to delete rialachán 6 and substitute:


‘6. Faoi réir alt 141 den Acht, beidh rún i scríbhinn, arna shíniu ag na comhaltaí uile a bheidh de thuras na huaire i dteideal beith i láthair agus vótáil ar an rún sin ag cruinniú ginearálta (nó, i gcás comhlachtaí corpraithe, ag a n-ionadaithe cuíúdaraithe), ina rún chomh bailí éifeachtach chun gach críche agus dá mbeadh an rún arna rith ag cruinniú ginearálta den chuideachta a comóradh agus a tionóladh go cuí, agus má thugtar rún speisialta de thuairisc air measfar gur rún speisialta de réir bhrí an Achta é’.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 234, Tábla A, Cuid II, to delete rialachán 10, lines 44 to 50.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 237, Table C, article 8, before ‘An’ in line 43, to insert ‘Subject to sections 133 and 141 of the Act,’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 238, Table C, article 8, to delete all words from ‘so, however,’ in line 1 to the end of the article.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 239, Table C, lines 23 to 28, to delete article 20 and substitute:


‘20. Subject to section 141 of the Act, a resolution in writing signed by all the members for the time being entitled to attend and vote on such resolution at a general meeting (or being bodies corporate by their duly authorised representatives) shall be as valid and effective for all purposes as if the resolution had been passed at a general meeting of the company duly convened and held, and if described as a special resolution shall be deemed to be a special resolution within the meaning of the Act.’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 241, Table C, article 37, line 31, after ‘be’ to insert ‘by such person or persons and’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 241, Table C, Article 39, lines 53 to 55, to delete ‘(other than an offence under the Road Traffic Act, 1961, or any Act or Acts amending it)’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 248, Table E, article 4, before ‘An’ in line 14 to insert ‘Subject to sections 133 and 141 of the Act,’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 248, Table E, article 4, to delete all words from ‘so, however,’ in line 26 to the end of the article.”


Aontaíodh an leasú.


(xxiii) An Tríú Sceideal.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 254, paragraph 1 (d), to delete lines 8 and 9 and substitute ‘,the amount of the premium (if any) payable on redemption, the earliest and latest dates on which the company has power to redeem those shares and whether redemption is at the option of the company or obligatory’”.


Aontaíodh an leasú.


(xxiv) An Cúigiú Sceideal.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 268, to delete lines 2 to 4 and ‘Companies Act, 1909,’ in line 5 and substitute ‘Except in the case of a company which is excluded or exempt from the application of section 128 of the Companies Act, 1963’”.


Aontaíodh an leasú.


(xxv) An Séú Sceideal.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 268, Part I, paragraph 2, subparagraph (a), to delete from ‘and the earliest date’ in line 48 to the end of the sub-paragraph and substitute ‘,the amount of the premium (if any) payable on redemption, the earliest and latest dates on which the company has power to redeem those shares and whether redemption is at the option of the company or obligatory.’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 269, Part I, paragraph 2, subparagraph (b), to delete from ‘and the earliest date’ in line 3 to the end of the sub-paragraph and substitute ‘,the amount of the premium (if any) payable on redemption, the earliest and latest dates on which the company has power to redeem those shares and whether redemption is at the option of the company or obligatory.’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 269, paragraph 4 (1), line 21, to add ‘Amounts set aside to meet future tax liabilities or for tax equalisation purposes shall be treated as provisions but separately indicated.’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 271, paragraph 8 (b), line 6, after ‘ascertainable’ to insert ‘from the books of the company or from any contracts or documents relating to the purchase or sale of property’”.


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 273, Part II, paragraph 15, line 17, after ‘private company’ to insert ‘taking advantage of subsection (1) of section 154.’”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 274, to delete subparagraph (6), lines 28 to 41.”


Aontaíodh an leasú.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 275, lines 5 and 6, to delete ‘(other than a Private Company)’”.


Aontaíodh an leasú.


(xxvi) An Deichiú Sceideal.


Tairgeadh leasú (An tAire Tionscail agus Tráchtála):


“In page 280, in the second column, opposite the mention of section 102, to delete ‘Duty of judgment creditor to register judgment mortgage created by him against company’ and substitute ‘Registration of judgment mortgages.’”


Aontaíodh an leasú.


4. Tuarascáil an Choiste.


Chuir an Cathaoirleach Dréacht-Thuarascáil faoi bhráid an Choiste agus léadh í mar leanas:—


“The Special Committee has considered the Bill and has made amendments thereto. The Bill, as amended, is reported to the Dáil.”


Aontaíodh an Dréacht-Thuarascáil.


Ordaíodh: Tuairisciú dá réir sin.


5. Deireadh an Ghnó.


Chuir an Coiste deireadh lena ghnó ar 12.45 p.m.