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Business and Corporations Law - Assignment

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Added on  2021-06-17

Business and Corporations Law - Assignment

   Added on 2021-06-17

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Business and Corporations LawKokotovich Constructions Pty Ltd & Ors v Wallington (1995) 13 ACLC 1113
Business and Corporations Law - Assignment_1
Table of ContentsIntroduction................................................................................................................................2Facts of the Case........................................................................................................................3Infringement of Directors’ Duties..............................................................................................4Analysis of the decision of the Court.........................................................................................5Relevance of the Case................................................................................................................6Conclusion..................................................................................................................................7References..................................................................................................................................8
Business and Corporations Law - Assignment_2
IntroductionDirectors are required to comply with a number of duties given under the Corporations Act2001 (Cth) in order to ensure that they exercise their powers and take business decisions forthe interest of the company. This report will evaluate Kokotovich Constructions Pty Ltd &Ors v Wallington (1995) 13 ACLC 1113 case in which the breach of fiduciary duties of adirector was discussed regarding issues of shares allotment in the corporation. In this presentcase, an appeal was made against the order given by Honourable Judge Young in Wallingtonv Kokotovich Constructions Pty Ltd (1993) 11 ACLC 1207 case. The Court of Appealrejected the appeal by stating that the judgement given by Young J prevailed in this matter.The Court of Appeal evaluated all the evidence and information available in the case toprovide the judgement made by the Supreme Court of New South Wales is correct in thiscase (Wolters Kluwer, 2018). This report will evaluate the facts of this care and analyse theduties breached by the director as given under the Corporations Act 2001 (Cth). This reportwill critically examine the judgement of the court and evaluate the relevance or impact of thecase.
Business and Corporations Law - Assignment_3

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