Duties of a Director under Company Law and the 'Stepping Stone' Approach

This paper analyzes the duties of a director under company law and the 'stepping stone' approach, and explores the inconsistencies between the two. It discusses the provisions of the Corporations Act 2001 (Cth) and the immunity provided to directors. The paper also examines relevant case law and the business judgment rule. Overall, it aims to harmonize the director's duties and the 'stepping stone' approach.