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Bill · started in the Commons

Protection of Shareholders Bill

A Bill to make provision for each public company to establish a shareholders’ committee; to make provision about the membership, functions and operation of the committee; and for connected purposes.

In progress Current stage: 2nd reading (Commons)

The story so farThe Protection of Shareholders Bill was introduced in the House of Commons on 17 March 2009 by Mr William Cash (Conservative). It is now at second reading in the House of Commons. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.

What the bill does

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.

Progress through Parliament

  1. 1st reading Commons 17 Mar 2009
  2. 2nd reading Commons Current

Source: the official bill page. Last updated 12 Oct 2009.