The motion is to be tabled on Wednesday in a clear sign of Britain's political establishment rising against the illegal and unethical news-gathering practices of Murdoch's media company in Britain, as evident in the phone-hacking scandal.
The motion reads, "This House believes that it is in the public interest for Rupert Murdoch and News Corporation to withdraw its bid for BSkyB."
Murdoch currently owns 39 per cent of the broadcaster BSkyB, and the bid is to own the remaining shares to give his company total control of what will become Britain's biggest media company, bigger than even the BBC.
Prime Minister David Cameron and Deputy Prime Minister Nick Clegg are scheduled to meet Opposition Labour leader Ed Miliband later on Tuesday to discuss the issue that has seriously diminished Murdoch's influence in British politics.
The invitation to appear before the committee has also been addressed to his son, James Murdoch, and chief executive of News International, Rabekah Brooks.
New revelations today included the dismayed former Prime Minister Gordon Brown going on television to state that Murdoch's News International used criminals and the 'criminal underworld' to access details about his tax, bank account and also the health records of his son, Fraser.