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Corporate Law (BLAW20001)

Undergraduate level 2Points: 12.5On Campus (Parkville)

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Overview

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Semester 1
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There are more than 2million active companies in Australia. Most of us deal or interact with companies every day. A company is extremely unique in the sense that it is viewed as an artificial legal person in the eyes of the law. This means that a company enjoys many of the same rights as natural people do i.e) a company can own property, it can sue and be sued, it can enter into contracts etc.

This subject critically examines the body of rules and regulations that govern the formation, management, financing and winding up of Australian corporations. Specific topics include: the incorporation process and its consequences; internal regulation on company management and their effects upon outsiders; share capital; disclosure obligations; the duties and liabilities of directors and other officers; and the rights and remedies of those affected by companies and their controllers.

Intended learning outcomes

A student who has successfully completed the subject should have:



  • Acquired a general knowledge of the regulation of companies and the legal environment in which they operate;
  • obtained an overview of the Corporations Act 2001 (Cth) and the main case law relevant to its operation;
  • acquired specialised knowledge in key areas of corporate law of relevance to the business community; and
  • understood the roles, functions and duties of the board of directors, management and shareholders, and their relationships with other corporate stakeholders.

Last updated: 18 March 2023