Company Directors – Some Key Risks And How to Manage Them

We aim to deliver Just, Redemptive Outcomes®

This webinar was presented by Andrew Lind (Director) & James Tan (Lawyer) on 5 November 2014.

In this webinar, they discuss:

  • The Corporate Veil and Limited Liability, what is it?
  • Who is a really a “director”? – Director vs Shadow Director
  • Risk 1 – Insolvent Trading – what does insolvent mean?
  • Risk 2 – General Director Duties under Corps Act/ACNC governance standards
    • E.g. 1 Act in best interests
    • E.g. 2 Duty to act with reasonable care and diligence
  • Risk 3 – Employee obligations – Superannuation payments / PAYG installments
  • Risk 4 – WH&S – when are directors personally “in the frame”? What can’t be delegated and should be considered at Board meetings?
  • Risk 5 – Related party transactions
  • Risk 6 – Town Planning compliance