Research essay aIDressing all of following 5 points:
1. Who are directors of company? What are their duties of directors under Australia Corporation Law?
2. Give a short history of the evolution of director’s duties and responsibilities.
Please enumerate their duties and responsibilities today. Are their duties the same in proprietary companies and public companies?
3. Explain the consequences should directors contravene the law and the remedies available.
4. What do you see in the future direction of director’s duties in Australia?