Principles of company law

The unit introduces the basic principles of Australian corporations law. The unit examines the corporation as a separate legal entity and those situations where the law ignores the separateness of the corporation; classification of Australian companies; adopting, altering and enforcing the corporate constitution; how a company enters binding contracts with third parties; corporate governance and the role and duties of directors; membership of companies, company meetings and members' rights and remedies; corporate finance, share capital, share capital transactions and dividends; administration of insolvent companies and winding up. The unit considers the legal principles in these areas critically and in their social, economic and policy context.