Company Law Reform Bill [HL]

For an external shareholder, who may not attend the meeting, to know why the auditor has resigned, at whose behest it was and the underlying reasons for it, is surely extremely valuable. He should not have to travel to Manchester, Leeds, Newcastle or wherever the company is located to attend the meeting to get that information. Surely it should be available to you as part of the process so that you can judge whether it is the auditor or, indeed, the directors of the company in which you have invested who need to be looked into further and considered.