This presentation provides an analysis of the breach of duties by directors in Lewski v ASIC (No 2) [2017] FCAFC 171 under Corporation Act 2001. It discusses the facts of the case, the duties violated by the directors, the court decision, and its relevance to Australian corporations law. The presentation also highlights the importance of a narrow approach to reliance entity powers and the legal effect of constitution amendments lodged with ASIC.