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Corporations Law

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Added on  2023-04-10

Corporations Law

   Added on 2023-04-10

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CORPORATION LAW
Corporations Law_1
ASIC v. Healey (2011)
The directors were characterized as
agents of the entities:
were required to deliver utmost skills,
diligence as well as care in exercising
their duties and responsibilities;
Take active in the affairs of the
company;
Shall be financially literate.
Corporations Law_2
DUTIES AND RESPONSIBILITIES
BREACHED
Section 180 (1) of the Corporation
Act, 2001 (hereinafter referred as the
Act);
Section 181 of the Act;
Section 344 (1) of the Act, and
Section 601FD (3) of the Act.
Corporations Law_3

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