Company Law

• • Regulatory Framework
  • Company Formation
  • Internal and External Relationships
  • Members and Shares
  • Directors: Definition of directors and company secretary; the board of directors and its powers; appointment, remuneration, removal, and disqualification of directors.
  • Directors' Duties 1: Sections 181, 182, 183 of the Corporations Act; Duties with respect to conflicts of interest
  • Directors' Duties 2: Duty to act with care and diligence; Duty to prevent insolvent trading
  • Remedies for breach of directors' duties; oppressive and unfair conduct; statutory derivative action, statutory injunctions; compulsory winding up
  • Corporate insolvency introduction; Liquidation and voidable transactions
  • Receivership; Voluntary Administration, Deed of Company Arrangement

You must have successfully completed the following subject(s) before starting this subject:

GRF-AFE215-Introduction to Business Law ;

Special requirements

• EquipmentDetails - Audio/Visual equipment

Using the life cycle of a company the operation of the Australian corporate regulatory framework is illustrated. Thus the course examines: company registration; corporate governance issues arising from the company's daily operations, and the external administration of a company on its insolvency. 

Prerequisite: AFE215 Introduction to Business Law

• Workbook submission (15%)
• Mid-Exam (35%)
• Final Exam (50%)