Reject this opportunity director 在公司 reject

Info icon This preview shows pages 6–8. Sign up to view the full content.

View Full Document Right Arrow Icon
reject this opportunity director 在公司 reject 之后 take up this opportunity 就不算 breach s 181 c. not to compete with the company director 偷偷设 了一个公司和公司 抢客户 d. bribes 赃物 and undisclosed benefits e. misuse of company funds 拿公司的钱 去赌博 s181 part (2) ----duty to exercise power for a proper purpose -----example exam 通常是关于 issue shares (a) proper purpose 包括: (1) to raise capital (2) for an employee share scheme (3) as consideration for purchase of an asset (b) improper purpose: 包括 to entrench the existing board of directors 巩固 现有的股权 to fight off a hostile takeover bidder – saving their own jobs 为了 被恶 意收购 restrict share transfer to make a majority member a minority member 使 一个大股东 股东
Image of page 6

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
exam 考试场景:一对 夫妻开 了一家公司,各占公司 50% shares 离婚 爸爸 带着儿子 妈妈带着女儿 妈妈 不再参 公司 理,只作为 members 享受 二十年 后, 爸爸退休想让儿子 公司并且 得公司的 控制 权,这时公司 钱, 于是 爸爸 作为 managing director only issue shares 儿子 儿子 买了这些股票, 并且股权 超过 50% 得了公司的 控制 权。这时 妈妈 爸爸 breach s181 ---issue shares not for proper purpose 。法 爸爸 breach 181. 因为 the purpose of issue shares is to maintain control which is an improper purpose. 爸爸 argue :是因为公司 钱才 issue shares , 这个 argue 不成 but for” test, 如果没有 improper purpose 你还 会这么做 吗? 公司可以 借钱或者 所有股东 issue shares ,而不 只是他的 儿子 。所以 即使 substantial purpose 是为了 集资 是有 improper purpose breach s181· result of breach s181 *Civil penalty provision 1317E (1) pecuniary penalty up to $200,000 s1317G (2) disqualification s206(c) (3) company can seek compensation from director s1317H * 如果是 breach s 181 intention criminal offence s184 犯罪 90% 的情况都要写) S182 duty to not misuse position director 不能 用职 (a) Apply to officer, employee, director (b) Must not misuse position and authority (c) Contravene( 违反 ) the act if ( 证明 breach s182, 满足以下两点中的一点 ) *take personal gain and advantage or step1 *cause a damage to the company step 2 (d) what is misused of position? Inconsistency discharge one’s obligation and authority 做了和 自己 职务不相关 的事情 即使 in good faith, 只要 成公司 损失 也算 breach 考试场景:( 1 )公司 constitution director 只能 500w 的合同, director 和公司 800w 的合同。如果投 资失败亏欠 breach s182 如果一 为公投 利了,就不会 breach s182 2 偷偷 拿了公司的 客户 ,为了 自己 的利益, 自己
Image of page 7
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern