Consequences under the Corporations Act 2001

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Question

A is a director of company S. A is also a partner of company X. A voted in favour of giving company S's advertising work to company X. However, A did not disclose his interest in company X to the other directors of company S.

Advise on S's possible consequences under the Corporations Act 2001 (Cth) (Australia).

Reference no: EM133297726

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