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Commons2nd reading
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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.

What this 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.

Originating House

House of Commons

Parliament last updated

12 October 2009

In Plain English

AI-generated

May contain errors — check source documents for definitive information.

The Protection of Shareholders Bill would require every public company to create a Shareholders’ Committee that operates independently of the board. The committee would represent private shareholders at statutory meetings and set out how it is formed, what it can do, and how it functions.

Key Points

  • All public companies would have to establish a Shareholders’ Committee.
  • The committee must be independent from the company’s board of directors.
  • It would represent the views of private shareholders at statutory meetings.
  • The bill sets out rules for the committee’s membership, powers and operation.
  • The bill is currently at the 2nd reading in the House of Commons (originating there).

Progress

The bill is in the Commons, at the 2nd reading. It originated in the Commons, with its first reading in 2009.

Who is affected?

Private shareholders of public companiesPublic companies and their boards

Generated 21 February 2026

Bill Stages

1st readingCommons

17 Mar 2009

2nd readingCommons
Committee stageCommons
Report stageCommons
3rd readingCommons
1st readingLords
2nd readingLords
Committee stageLords
Report stageLords
3rd readingLords
Royal Assent

Updates & Documents

News (1)

News - Protection of Shareholders

1 Jan 1970

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.

Documents (1)

Bill as introduced
BillCommons
18 Mar 2009

Parliamentary Votes (0)

No recorded votes for this bill yet.