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Corporate Law under Australia: Important Documents for Meeting, Voting and Appointment of Director

   

Added on  2023-04-22

4 Pages799 Words196 Views
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Civil Law

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Introduction
The corporate law under Australia is derived from the provisions of company law. The
Corporations Act of 2000 is the main and the fundamental framework by the national authority
of Australia. This act is regulated and monitored under the Australian Securities and Investments
Commission. References and precedents are formed from this statute. This act applies to both the
public and the private sector companies (Kershaw, 2012). The important documents with regard
to the calling of a meeting, voting of the members and the appointment of a director in the
company are included with relevant information and facts in this assignment with the help of the
corporation Act of 2006.
Documents required to call a meeting
In order to call for a meeting of the members of the company, a notice that such meeting would
be held and needs to be held must be established. This notice must contain the elaborate details
of the pace of occurrence of the meeting and specify the time along with it. the meeting can be
conducted in more than one place. If so, it must be mentioned. The overall discussion of the
purpose of the meeting should be stated. A special resolution of the meeting the can be passed
and the reasons for the same should be mentioned in it. in case a member would be absent, the
appointment of an alternative is required (Hanrahan, Ramsay & Stapledon, 2013). The
documentation of the above is necessary. Thus these were the important documents to call a
meeting.
Voting
The voting among the members of the company hold an important position with regard to the
important decisions of the company and they would be undertaken jointly by the board and the
members voting together. this gives a special right to the employees appointed and they possess
the right of exercising their opinion. The decisions are not imposed upon them by the
management. They think about the benefits of the company and provide their decisions for the
same (Lipton, Herzberg & Welsh, 2015).

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