Submitted on Saturday 1st April 2023
Rejected on Tuesday 4th April 2023
Current status: Rejected
Rejection code: no-action (see below for details)
Give all shareholders a voice by bringing Company Law into the 21st Century
Democratise UK shareholding through reforms to the Companies Act: -Increased two-way dialogue between companies & shareholders
-A standardised technology solution across the sector
-Digital communications as default
-Removal of requirement of hard copies
-Recognition of digital AGMs
Outdated legislation stops shareholder voices being heard. Almost half of individual shareholders can’t directly engage with the company they invest in, as they invest via platforms, the rest are constrained by a paper-based system. At the same time, companies are losing sight of who their investors are. Digital first reform will be better for shareholders, better for business and ultimately, better for Britain – making the UK a more attractive place to invest and to list.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
Petitions need to call on the Government or Parliament to take a specific action.
We understand that you want to see changes to the Companies Act 2006, but it's not clear what new provisions you want to be introduced in respect of dialogue between companies and shareholders, technology used by companies, or digital communications.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
3.14.247.5 Sun, 19 May 2024 10:50:21 +0100
