Analysis of Director Duties under Corporations Act 2001: A Case Study

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Corporate Law

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EXECUTIVE SUMMARY
In this report, the principles of the Corporations Act 2001 are analysed to assess
whether Lillian and Gumpta have breached their duties. The judgements of the court
given in different cases are assessed in this report to link them with the facts of this case
study. It is found that both parties have violated their duties as directors. The possible
consequences which both the parties might face include civil and criminal penalties.

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TABLE OF CONTENTS
I: Issue...................................................................................................................................................................... 3
R: Rule...................................................................................................................................................................... 3
A: Application....................................................................................................................................................... 6
C: Conclusion......................................................................................................................................................... 7
Reference List....................................................................................................................................................... 8