This document discusses the duties of directors under the Corporation Act, including the fiduciary responsibility to stop trading when the company is in debt. It explores the concept of safe harbour protection and the conditions for its application. The document also examines the implications of breaching these duties and the consequences for the company. It provides insights into the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017 and its role in promoting entrepreneurship and innovation. Real-life cases of directors breaching their duties and misusing company funds are also discussed.