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The leading case of Australian Securities and Investments Commission v Rich  NSWSC 1229 is a landmark case and is considered to be one of the leading cases decided by the Supreme Court of New South Wales. It is one of the biggest civil cases in Australia.
The main contention in the case is made by Australian Securities and Investments Commission wherein they charged former executive directors o...
In Australia, there are more than two million businesses and more than 700,000 of these businesses are companies. The majority of the companies are in of proprietary limited type, which runs small or medium enterprise. These companies are run through a minimum of one director; though, usually they are run by two or more directors (Rosa, 2015). The directors of the company have the duty to run the busine...
Discuss About The Secretary And General Counsel Against?
In Shafron v ASIC (2012) the appeal made by Peter James Shefron was dismissed by the High Court. Mr. Shefron was acting as the company secretary and general counsel against the decision that he had breached s180(1), Corporations Act when the failed to discharge his duties as officer of James Hardie industries Ltd. (JHIL) by excising the same...
Discuss about the Shafron V Australian Securities and Investments Commission.
It was in the year 2012, that a significant clarification of the scope of the duties of the directors of a corporation was provided by the High Court of Australia in the case of Shafron v Australian Securities and Investments Commission (2012) 286 ALR 612 (‘Shafron’) (High Court of Australia, 2012).
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