Semester 2, 2017

LAWS5104: Corporations Comprehensive Exam notes

36 pages

15,476 words




These notes summarises all examinable lectures slides and relevant textbook chapters. The notes are set out logically such that you are able to tackle a problem question with ease, clearly outlining the steps required and the case authorities for the propositions (all colour coded!)

They are designed so that it is easy to follow under time pressure in an exam setting.

Topics include:
- Company organs
- Company constitution
- Directors' duties
- Duty of care, skill and diligence
- Loyalty, good faith and for a proper purpose
- Conflict of interests
- Improper use of position or information
- Related party transaction
- Accessorial liability
- Ratification & authorisation
- Relief from liability by court
- Consequences of breaching a duty
- Corporate contracting
- Indoor management rule
- Statutory assumptions
- Members' remedies (oppression remedy)
- Winding up
- Statutory injunction
- Statutory derivative action
- Equitable constrains on alteration to constitution