Company Law Reform Bill [HL]

My Lords, I fully understand the problem put forward by the noble Lord, Lord Hodgson. Undoubtedly, it would be better if more people whose shares are held in nominee names had a right to participate. But, as the noble Lord, Lord Razzall, hinted, why is that a matter between them and the company, rather than between them and the nominee whom they have selected to hold their shares? If I choose to put my shares in the name of a nominee, why is it not for me to say to that nominee, ““I will put it forward only””—