HD EXAM SUMMARY NOTES

Description

CORPORATIONS LAW – SUMMARIES (contents) DIRECTORS’ DUTIES DIRECTORS’ DUTIES – INTRODUCTIONS DUTY OF CARE, SKILL & DILIGENCE – s180(1) and GL DUTY TO ACT IN GOOD FAITH IN BEST INTERESTS OF COMPANY – s181(1)(a) + GL DUTY TO ACT FOR PROPER PURPOSES – s181(1)(b) NO CONFLICT RULE – GL CONFLICTS: DUTY TO DISCLOSE MATERIAL PERSONAL INTERESTS – s191 NO PROFIT RULE – GL IMPROPER USE OF POSITION – s182 IMPROPER USE OF INFORMATION – s183 RELATED PARTY TRANSACTIONS – Chapter 2E RELIEF BY THE COURT OPPRESSION REMEDY – PART WINDING UP – s461, s462 STATUTORY INJUNCTION – s1324 EQUITABLE CONSTRAINTS ON ALTERATIONS TO THE CONSTITUTION STATUTORY DERIVATIVE ACTION – PART CORPORATE CONTRACTING – EXECUTED DIRECTLY CORPORATE CONTRACTING – EXECUTED BY AN AGENT