Project Overview
This project examines and reviews the law relating to bodies incorporated under the Companies Act 1955, and reports on the form and content of a new Companies Act.
Terms of Reference
The Law Commission is asked to examine and review the law relating to bodies incorporated under the Companies Act 1955, and to report on the form and content of
a new Companies Act.
The continuing work of the Securities Commission in the fields of takeovers, insider trading, and company accounts will form part of this overall inquiry. Also related to
this reference is the review being conducted by the Department of Justice of the law and practice of company liquidations and individual insolvency.