Understanding key legal issues Directors’ duties

This book explores the duties and obligations placed on corporate directors and officers (including company secretaries) by the Corporations Act. It is presented in a concise and easy to understand format. The topic of director duties is always of interest to corporations. Directors need to ensure compliance, else they risk attracting the attention of the corporate regulator (ASIC) or, worse, face litigation for breach. Key topics covered in this book include: Introduction to fiduciary duties Duties to act in good faith, for a proper purpose and in the best interests of the company Duties when it comes to use of position and use of information Responsibilities of secretaries and delegates Avoiding conflicts of interests, and disclosure obligations on directors It is a must have for any company director or officer to ensure legal compliance and avoid adverse action.