Faculty of Law

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Law
OfferedCity (Melbourne) Trimester 1 2015 (Day)
City (Melbourne) Trimester 2 2015 (Day)
City (Melbourne) Trimester 3 2015 (Day)


For postgraduate Law discontinuation dates, please see http://www.law.monash.edu.au/current-students/postgraduate/pg-disc-dates.html
For postgraduate Law unit timetables, please see http://law.monash.edu.au/current-students/course-unit-information/timetables/postgraduate/index.html
Previously coded as LAW7277

Quota applies

Postgraduate programs are based on a model of small group teaching and therefore class sizes need to be restricted.


The unit builds on students' learning in the companion unit LAW5016 Principles of corporations law. This unit examines the role, functions and powers of the board of directors and the members in general meeting; the duties of directors and officers of corporations at common law, in equity and under the Corporations Act 2001 (Cth), and the range of equitable and statutory remedies available to shareholders who are aggrieved by the way in which the corporation is controlled and managed.

Legal rights, obligations and remedies are examined in the light of academic debates around corporate theory, including the relationship between directors and shareholders and the principles and theories of corporate governance.


At the successful completion of this Unit students will be able to:

  1. critically evaluate the law relating to directors' duties and shareholder remedies in a broader regulatory, social or economic context, including contemporary developments in the law and its practice;
  2. identify, research, synthesise and evaluate relevant legal, factual and policy issues;
  3. demonstrate intellectual and practical skills to interpret and justify theoretical propositions, legal methods and conclusions;
  4. engage in critical analysis and make reasoned and appropriate choices among alternatives;
  5. exercise professional judgment in evaluating jurisprudential and practical considerations in corporations law issues;
  6. select, analyse, interpret and apply principles of corporations law to generate appropriate responses to complex legal issues embedded in factual scenarios; and
  7. communicate effectively and persuasively to specified audiences.


1. Research assignment (3,000 words): 40%
2. Final examination (2 hours+ 30 minutes reading time): 60%

Workload requirements

Workload is 2.5 hours per week x 12 weeks

Chief examiner(s)

Ms Lisa Robinson (Trimester 1, 2 & 3)