Companies Act 1907 - Reforms

Reforms

One reform made by the 1907 Act was to introduce explicitly a separate set of provisions for "private companies", which stood in opposition to "public companies".

Read more about this topic:  Companies Act 1907

Famous quotes containing the word reforms:

    One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.
    William Howard Taft (1857–1930)

    Until politics are a branch of science we shall do well to regard political and social reforms as experiments rather than short-cuts to the millennium.
    —J.B.S. (John Burdon Sanderson)

    Nothing divine dies. All good is eternally reproductive. The beauty of nature reforms itself in the mind, and not for barren contemplation, but for new creation.
    Ralph Waldo Emerson (1803–1882)