Shareholders will gain the power.

PositionNew company law reform - Brief article

Shareholders will gain the power to agree to limit auditors' liabilities under the provisions of the new company law reform bill. But the bill also contains the hotly debated new offence of "recklessly or knowingly including misleading, false or deceptive matters in an audit report".

Other clauses in the bill give greater rights for shareholders to question auditors. They also introduce a...

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