Describe the relevant sections involved

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Reference no: EM133474528

Question: There are many cases that you have studied which illustrate the duties placed on Directors in sections 180-183 of the Corporations Act. There are also criminal provisions in Sect 184. Many of these cases have resulted in civil penalties and some have even resulted in criminal penalties and prison sentences. On the other hand, we do want to encourage honest and qualified persons to step up and become company directors. Required: Provide an example from cases you have studied where directors have been found guilty of breaching their duties.

You should describe the relevant sections involved or general law duties and the penalties that were imposed Comment on whether you think this was fair.

Reference no: EM133474528

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