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Company Law Reform Bill [HL] (512-516)


Company Law Reform Bill [HL] (changed to Companies Bill [HL])
Part 35 — The registrar of companies

512

 

1062    

Rectification of the register under court order

(1)   

The registrar shall remove from the register any material—

(a)   

that derives from anything that the court has declared to be invalid or

ineffective, or to have been done without the authority of the company,

or

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(b)   

that a court declares to be factually inaccurate, or to be derived from

something that is factually inaccurate, or forged,

   

and that the court directs should be removed from the register.

(2)   

The court order must specify what is to be removed from the register and

indicate where on the register it is.

10

(3)   

The court must not make an order for the removal from the register of anything

the registration of which had legal consequences as mentioned in section

1060(3) unless satisfied—

(a)   

that the presence of the material on the register has caused, or may

cause, damage to the company, and

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(b)   

that the company’s interest in removing the material outweighs any

interest of other persons in the material continuing to appear on the

register.

(4)   

Where in such a case the court does make an order for removal, it may make

such consequential orders as appear just with respect to the legal effect (if any)

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to be accorded to the material by virtue of its having appeared on the register.

(5)   

A copy of the court’s order must be sent to the registrar for registration.

(6)   

This section does not apply where the court has other, specific powers to deal

with the matter, for example under—

(a)   

the provisions of Part 16 of this Act relating to the revision of defective

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accounts and reports, or

(b)   

section 404 or 420 of the Companies Act 1985 (rectification of the

register of charges).

1063    

Powers of court on ordering removal of material from the register

(1)   

Where the court makes an order for the removal of anything from the register

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under section 1062 (rectification of the register), it may give directions under

this section.

(2)   

It may direct that any note on the register that is related to the material that is

the subject of the court’s order shall be removed from the register.

(3)   

It may direct that its order shall not be available for public inspection as part of

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the register.

(4)   

It may direct—

(a)   

that no note shall be made on the register as a result of its order, or

(b)   

that any such note shall be restricted to such matters as may be

specified by the court.

40

(5)   

The court shall not give any direction under this section unless it is satisfied—

(a)   

that—

(i)   

the presence on the register of the note or, as the case may be, of

an unrestricted note, or

 
 

Company Law Reform Bill [HL] (changed to Companies Bill [HL])
Part 35 — The registrar of companies

513

 

(ii)   

the availability for public inspection of the court’s order,

   

may cause damage to the company, and

(b)   

that the company’s interest in non-disclosure outweighs any interest of

other persons in disclosure.

1064    

Public notice of removal of certain material from the register

5

(1)   

The registrar must cause to be published—

(a)   

in the Gazette, or

(b)   

in accordance with section 1082 (alternative means of giving public

notice),

   

notice of the removal from the register of any document subject to the Directive

10

disclosure requirements (see section 1044) or of any material derived from such

a document.

(2)   

The notice must state the name and registered number of the company, the

description of document and the date of receipt.

The registrar’s index of company names

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1065    

The registrar’s index of company names

(1)   

The registrar of companies must keep an index of the names of the companies

and other bodies to which this section applies.

   

This is “the registrar’s index of company names”.

(2)   

This section applies to—

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(a)   

companies as defined by section 1 of this Act;

(b)   

companies registered under the Companies Acts by virtue of section

1006 (companies not formed under the Companies Acts but able to

register);

(c)   

any body to which any provision of the Companies Acts applies by

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virtue of regulations under section 1010 (unregistered companies); and

(d)   

overseas companies that have registered particulars with the registrar

under Part 34, other than companies that appear to the registrar not to

be required to do so.

(3)   

This section also applies to—

30

(a)   

limited partnerships registered in the United Kingdom;

(b)   

limited liability partnerships incorporated in the United Kingdom;

(c)   

European Economic Interest Groupings registered in the United

Kingdom;

(d)   

open-ended investment companies authorised in the United Kingdom;

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(e)   

societies registered under the Industrial and Provident Societies Act

1965 (c. 12) or the Industrial and Provident Societies Act (Northern

Ireland) 1969 (c. 24 (N.I.)).

(4)   

The Secretary of State may by order amend subsection (3)—

(a)   

by the addition of any description of body;

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(b)   

by the deletion of any description of body.

(5)   

Any such order is subject to negative resolution procedure.

 
 

Company Law Reform Bill [HL] (changed to Companies Bill [HL])
Part 35 — The registrar of companies

514

 

1066    

Right to inspect index

   

Any person may inspect the registrar’s index of company names.

1067    

Power to amend enactments relating to bodies other than companies

(1)   

The Secretary of State may by regulations amend the enactments relating to

any description of body for the time being within section 1065(3) (bodies other

5

than companies whose names are to be entered in the registrar’s index), so as

to—

(a)   

require the registrar to be provided with information as to the names of

bodies registered, incorporated, authorised or otherwise regulated

under those enactments, and

10

(b)   

make provision in relation to such bodies corresponding to that made

by—

section 67 (company name not to be the same as another in the

index), and

sections 68 and 69 (power to direct change of company name in

15

case of similarity to existing name).

(2)   

Regulations under this section are subject to affirmative resolution procedure.

Language requirements: translation

1068    

Application of language requirements

(1)   

The provisions listed below apply to all documents required to be delivered to

20

the registrar under any provision of—

(a)   

the Companies Acts, or

(b)   

the Insolvency Act 1986 (c. 45) or the Insolvency (Northern Ireland)

Order 1989 (S.I. 1989/2405 (N.I. 19)).

(2)   

The Secretary of State may make provision by regulations applying all or any

25

of the listed provisions, with or without modifications, in relation to

documents delivered to the registrar under any other enactment.

(3)   

The provisions are—

section 1069 (documents to be drawn up and delivered in English),

section 1070 (documents relating to Welsh companies),

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section 1071 (documents that may be drawn up and delivered in other

languages),

section 1073 (certified translations).

(4)   

Regulations under this section are subject to the negative resolution procedure.

1069    

Documents to be drawn up and delivered in English

35

(1)   

The general rule is that all documents required to be delivered to the registrar

must be drawn up and delivered in English.

(2)   

This is subject to—

section 1070 (documents relating to Welsh companies) and

section 1071 (documents that may be drawn up and delivered in other

40

languages).

 
 

Company Law Reform Bill [HL] (changed to Companies Bill [HL])
Part 35 — The registrar of companies

515

 

1070    

Documents relating to Welsh companies

(1)   

Documents relating to a Welsh company may be drawn up and delivered to

the registrar in Welsh.

(2)   

On delivery to the registrar any such document must be accompanied by a

certified translation into English, unless it is—

5

(a)   

of a description excepted from that requirement by regulations made

by the Secretary of State, or

(b)   

in a form prescribed in Welsh (or partly in Welsh and partly in English)

by virtue of section 26 of the Welsh Language Act 1993 (c. 38).

(3)   

Where a document is properly delivered to the registrar in Welsh without a

10

certified translation into English, the registrar must obtain such a translation if

the document is to be available for public inspection.

   

The translation is treated as if delivered to the registrar in accordance with the

same provision as the original.

(4)   

A Welsh company may deliver to the registrar a certified translation into

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Welsh of any document in English that relates to the company and is or has

been delivered to the registrar.

(5)   

Section 1071 (which requires certified translations into English of documents

delivered to the registrar in another language) does not apply to a document

relating to a Welsh company that is drawn up and delivered in Welsh.

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1071    

Documents that may be drawn up and delivered in other languages

(1)   

Documents to which this section applies may be drawn up and delivered to the

registrar in a language other than English, but when delivered to the registrar

they must be accompanied by a certified translation into English.

(2)   

This section applies to—

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(a)   

agreements required to be forwarded to the registrar under Chapter 3

of Part 3 of this Act (agreements affecting the company’s constitution);

(b)   

documents required to be delivered under section 406(2)(e) or section

407(2)(f) (company included in accounts of larger group: required to

deliver copy of group accounts);

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(c)   

instruments or copy instruments required to be delivered under Part 12

of the Companies Act 1985 (c. 6) (registration of charges);

(d)   

documents of any other description specified in regulations made by

the Secretary of State.

(3)   

Regulations under this section are subject to negative resolution procedure.

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1072    

Voluntary filing of translations

(1)   

A company may deliver to the registrar one or more certified translations of

any document relating to the company that is or has been delivered to the

registrar.

(2)   

The Secretary of State may by regulations specify—

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(a)   

the languages, and

(b)   

the descriptions of document,

   

in relation to which this facility is available.

 
 

Company Law Reform Bill [HL] (changed to Companies Bill [HL])
Part 35 — The registrar of companies

516

 

(3)   

The regulations must provide that it is available as from 1st January 2007—

(a)   

in relation to all the official languages of the European Union, and

(b)   

in relation to all documents subject to the Directive disclosure

requirements (see section 1044).

(4)   

The power of the registrar to impose requirements as to the form and manner

5

of delivery includes power to impose requirements as to the identification of

the original document and the delivery of the translation in a form and manner

enabling it to be associated with the original.

(5)   

Regulations under this section are subject to negative resolution procedure.

(6)   

This section does not apply where the original document was delivered to the

10

registrar before this section came into force.

1073    

Certified translations

(1)   

In this Part a “certified translation” means a translation certified to be a correct

translation.

(2)   

In the case of any discrepancy between the original language version of a

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document and a certified translation—

(a)   

the company may not rely on the translation as against a third party,

but

(b)   

a third party may rely on the translation unless the company shows that

the third party had knowledge of the original.

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(3)   

A “third party” means a person other than the company or the registrar.

Language requirements: transliteration

1074    

Transliteration of names and addresses: permitted characters

(1)   

Names and addresses in a document delivered to the registrar must contain

only letters, characters and symbols (including accents and other diacritical

25

marks) that are permitted.

(2)   

The Secretary of State may make provision by regulations—

(a)   

as to the letters, characters and symbols (including accents and other

diacritical marks) that are permitted, and

(b)   

permitting or requiring the delivery of documents in which names and

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addresses have not been transliterated into a permitted form.

(3)   

Regulations under this section are subject to negative resolution procedure.

1075    

Transliteration of names and addresses: voluntary transliteration into Roman

characters

(1)   

Where a name or address is or has been delivered to the registrar in a permitted

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form using other than Roman characters, the company may deliver to the

registrar a transliteration into Roman characters.

(2)   

The power of the registrar to impose requirements as to the form and manner

of delivery includes power to impose requirements as to the identification of

the original document and the delivery of the transliteration in a form and

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manner enabling it to be associated with the original.

 
 

 
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