Latest news on the Bill

This Bill was presented to Parliament on 17 March. This is known as First Reading and there was no debate on the Bill at this stage.

This Bill was on the Order Paper for a Second Reading on several Fridays before being dropped by its sponsor, Mr William Cash.

Summary of the Bill

This bill would require all public companies to set up a Shareholders’ Committee, which would be independent of the directors of the company and which would represent the views of private shareholders at the company's statutory meetings.

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