Legal Insights

COVID-19 Company Admin Update
Corporate Advisory, Commercial Transactions, Corporations, Governance, Not For Profit Paul Gray Corporate Advisory, Commercial Transactions, Corporations, Governance, Not For Profit Paul Gray

COVID-19 Company Admin Update

Further to our article here where we wrote about the Australian Securities and Investments Commission’s (ASIC) guidance regarding annual general meetings and the COVID-19 pandemic, the Treasurer has released the Corporations (Coronavirus Economic Response) Determination (No 1) 2020 (Cth) (Determination), which commences on 6 May 2020 and will be automatically repealed on 5 September 2020.

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ASIC v King – Are you an “officer” of a company?
Corporate Advisory, Business Structuring, Franchising and Licensing, Governance, Commercial Transactions, Corporations Paul Gray Corporate Advisory, Business Structuring, Franchising and Licensing, Governance, Commercial Transactions, Corporations Paul Gray

ASIC v King – Are you an “officer” of a company?

In this case, the High Court reiterated that a person can be deemed to be an “officer” of a company even if that person does not hold a position as a named ‘Director’ or ‘Secretary’.

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