Asden Developments Pty Ltd (in liq) v Dinoris (No 3) [2016] FCA 788: A Case Study on Directors' Duties

Business and Corporate Law
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Table of Contents
Introduction................................................................................................................................4
Case summary........................................................................................................................5
Duties/Responsibilities breached...........................................................................................6
Analysis..................................................................................................................................7
Impact of the decision on the operations of other companies................................................9
Conclusion................................................................................................................................10
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Asden Developments Pty Ltd (in liq) v Dinoris (No
3) [2016] FCA 788
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Introduction
Law plays an integral role in the growth and development of corporates. It plays a key role in
controllingthe illegaloperations and the activities that have a worse impact on the growth of
the economy. This report is based on the case of Asden Developments Pty Ltd (in liq) v
Dinoris (No 3) [2016] FCA 788.With the help of this case, all the acts and the duties
breached by the directors are provided to develop an effective understanding. The case
provides the complete understandingregarding the breach of the various sections which are
provided in the Corporation Act 2001.
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