Topic: Corporations Act 2001


General duties of directors

The role of a company director is to govern a company on behalf of the shareholders or members of that company.

Insider trading

Directors should be aware of the Corporations Act 2001 provisions (Part 7.10, Division 3) prohibiting insider trading.

Insolvent trading

'Solvency' is defined in s 95A (1) of the Corporations Act 2001 as the ability to pay all debts as and when they become due and payable.

New bill on company member registers before Senate Committee

A proposed amendment to the Corporations Act would require companies to include email addresses of members on its register.

Inquiry into the Corporations Amendment (Modernisation of Members Registration) Bill 2017

The AICD has made a submission on the Corporations Amendment (Modernisation of Members Registration) Bill 2017 (Bill). The Bill proposes to amend s 169 of the Corporations Act 2001 (Cth) to include a...

Directors' Counsel - Crime and punishment

Professor Bob Baxt considers a number of recent court cases and questions whether current Corporations Law penalties are high enough.

New study questions enforcement of directors’ duties in Australia

Important new Melbourne Law School study sheds light on the application of penalties for company directors

New reforms for director liability proposed by academics

Deakin University researchers have put forward new ideas for reforming director liability in Australia. The GLC’s Tony Featherstone speaks to the authors.

Former chairman of AWB Limited fined and banned for duty of care breach

In a cautionary tale for directors, former AWB Chairman Trevor Flugge was this week fined in connection with the Iraqi ‘oil for wheat’ scandal. AICD Senior Policy Adviser Lysarne Pelling explains the ...

Why Australia needs better protection for whistleblowers

A government review is underway into whistleblowing laws. The AICD has called for stronger protection for whistleblowers so that corporate wrongdoing can be detected, addressed and, ideally, prevented...
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