Monash University Handbook 2010 Postgraduate - Unit

Level	Postgraduate
Faculty	Faculty of Law
Offered	City (Melbourne) Trimester 2 2010 (Day) City (Melbourne) Trimester 3 2010 (Day)
Coordinator(s)	Ms Lisa Robinson (T2-58, T3-58)

Synopsis

Internal governance:

1. Company organs and division of power
2. board of directors and the general meeting. Duties and liabilities of officers:
3. Overview of directors' duties; duties of care, skill and diligence and the statutory duty to prevent insolvent trading
4. Duty to act bona fide in the interests of the company as a whole

5.Duty to exercise powers for proper purposes and to retain discretions
6.Duty to avoid a conflict between personal interest and duty to the company: 7. Consequences of breach of duty and relief from liability
Members' Remedies: 8.Overview of shareholders' remedies; shareholders' derivative actions 9.Shareholders' personal actions 10.Winding up and oppression

Objectives

Students who successfully complete this course will have:

1. knowledge and understanding of the internal governance of corporations, directors' duties and members' remedies;
2. knowledge and understanding of legislation and policy in these areas of corporate law;
3. an ability to think critically about the impact of these concepts, principles, legislation and policy on the social and economic context in which they operate;
4. an ability to apply these concepts principles, legislation and policy to hypothetical fact situations; and
5. the opportunity to conduct independent research in corporate law and for the results of that research to form a substantial proportion of the assessment for the subject.

Assessment

Assignment: 40%
Examination: 60%

Chief examiner(s)

Ms Lisa Robinson

Contact hours

2 hour seminar per week x 12 weeks

Prerequisites

LAW7212, LAW7265 (or LAW7428 and LAW7429), LAW7267, and LAW7269

Co-requisites

LAW7275