Committee Reports::Report and Proceedings - Companies Bill, 1962::27 November, 1963::Proceedings of the Joint Committee

IMEACHTAÍ AN CHOISTE SPEISIALTA.

PROCEEDINGS OF THE SPECIAL COMMITTEE.

Dé Céadaoin, 27 Samhain, 1963.

Wednesday, 27th November, 1963.

1. The Committee met at 4.30 p.m.


2. Members Present.


The following members were present:—


Senator Ryan (in the Chair), Senators Desmond, Nash and Ross.


3. Consideration of Bill.


The Committee resumed consideration of the Bill.


(i) Sections 201 to 305 inclusive, agreed to.


(ii) Section 306.


Amendment proposed (Senator Desmond):


“At the end of subsection (1) to add ‘and a copy of statement shall be available for examination by creditors and shareholders of the company.’”


Amendment, by leave, withdrawn.


Section agreed to.


(iii) Sections 307 to 319 inclusive, agreed to.


(iv) Section 320.


Amendment proposed (Senator Desmond):


“In subsection (1), page 164, line 47, after ‘creditors’ to insert ‘and shareholders’.”


Amendment, by leave, withdrawn.


Section agreed to.


(v) Section 321.


Amendment proposed (Senator Desmond):


“At the end of subsection (1) to add ‘and a copy of the abstract shall be available for inspection by creditors and shareholders of that company’.”


Amendment, by leave, withdrawn.


Section agreed to.


(vi) Sections 322 to 399 inclusive, agreed to.


(vii) First, Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth, Ninth, Tenth, Eleventh, Twelfth and Thirteenth Schedules agreed to.


(viii) Title agreed to.


4. Report of Committee.


The Chairman brought forward a Draft Report which was read as follows:—


“The Special Committee has gone through the Bill and has made amendments thereunto. The Bill, as amended, is reported to the Dáil.”


Draft Report agreed to.


Ordered: To report accordingly.


5. Conclusion of Business.


The Committee concluded its business at 5.35 p.m.