Company Law Reform Bill [HL]

My Lords, I am sorry the Minister is having such a difficult time, but the noble Lord, Lord Sharman, is right. He will provide the Minister with an example of a letter of engagement—I see some, too. Anybody who is faced with these pages of text will garner nothing from them at all. This has nothing to do with shareholder democracy; it is about bureaucracy and red tape to achieve nothing. The Minister should not try to link this to the nominee issue; it is a quite different issue.