Corp Law Exam Notes
Other Law-Corp Law Exam Notes
Resource Sample
DIRECTORS General Pty co 1 director (s201A(1)). Public co at least 3 directors (s201A(2)) & 1 secretary (s204A(2)). Business of co managed by directors who may exercise all co's powers except any powers that CA or const/n requires co to exercise in GM (s198A). If board has full management powers, shareholders can't override directors & involve themselves in management of co (Cuninghame). Who can be a director Person over 18 (s201B(1)) & natural person. No max age limit (s201C repealed). Director must consent in writing to holding position (s201D(1)). Application for regis/n of new co must have consent when application lodged with ASIC (s117(5)). Subsequent appointments made by member's res/n passed in GM (s201G). Single director/shareholder of pty co may appoint another director by recording appointment & signing record (s201F). Disqualification from managing corp Person disqualifie...
Resource Topics
Relevant Resources
