Director liability

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Do you understand your liabilities as a director? This section outlines directors' duties and liabilities in relation to insolvent trading and insider trading, and defines breaches under the Corporations Act.

  • Insolvent Trading

    Date: 4 Jan 2011

    The duty to avoid insolvent trading is one of the most important obligations for company directors and there are significant penalties under the Corporations Act 2001 for not complying. This Q&A covers the definition of insolvent trading and brea...

  • Insider Trading

    Date: 4 Jan 2011

    Insider trading is the trading of securities while in possession of information which is not generally available and this is prohibited within the Corporations Act. This Q&A discusses what activities are prohibited, the various exceptions, and th...