Photo by Beatriz Pérez Moya on UnsplashShareholder's rights to inspect Australian company booksUpdated: 27 January 2021A court may make an order to grant a shareholder or another person the right to inspect the books of an Australian company on their behalf. Here’s what you need to know.The court may only make the order
Photo by Austin Distel on UnsplashThe legal rules for shareholder dividend distributionsUpdated: 15 February 2021Directors can make dividend distributions to shareholders as long as those distributions don't jeapordise the company’s ability to pay it's debts.The guidance in this article is from the Corporations Act 2001 (Cth) (Corporations Act).In a hurry? Jump ahead below.Payments
Photo by CoWomen on UnsplashA guide to ex gratia paymentsUpdated: 24 January 2022What are ex gratia payments?Ex gratia means ‘by favour'. This is when your employer, or any other entity, does not have an obligation to make a payment but they offer it anyway. In this article we're focussing on an ex gratia payment
Photo by Parker Johnson on UnsplashYour guide to appointing a proxy at a private Australian companyUpdated: 6 December 2019In this article, I will cover the Corporations Act 2001 (Cth) rules for appointing a proxy at a private Australian company.In a hurry? Jump ahead. Who is a proxy?First, in the context of this article, a
Photo by Anete Lūsiņa on UnsplashThe rights of a shareholder with over 50% voting rights in an Australian companyUpdated: 6 December 2019Below I’ll explain the rights of a shareholder with over 50% shares based on the Corporations Act. And I am going to use the term shareholder because it's more widely known than ‘member’
Photo credit: Alexandra Marcu, Unsplash When courts in Australia help oppressed shareholdersUpdated: 7 December 2019Oppressed shareholders need to know they have options.They can communicate with the company’s board, meditate or go to court. Also, in this article, I’ll take you through real-life cases to give you an idea of when courts