Companies and Security Laws

Introduction:
 The company laws are initiated to regulate the
company affairs in more legalize way.
 In this situation, each and every company want to
flourish and developed the structure in proper
ways.
 The report is basically indicates the case
evolution of the Chaser Limited which is wine
producing company.
 The company suffered a huge loss by making
wrong decision in regards to the investment.
For more information :myassignmenthelp.com/answers/acc704-companies-securities-law/research-report-current-issues-
facing-australian-companies-directors-and-boards-ndashspecific-details-will-be-available.html

Company profile:
 The managing directors of the company are Ben,
Anthony, Daniel and Catherine.
 The company faced massive competition in the
market.
 In the analysis of the case study we get to know that
one of the director assembled with his friend Wayne, a
worker of Tidal energy.
 Tidal Energy is a growing company in different states.
 Wayne constitute a company called Westpool Pty for
manufacturing generators
 The generator runs with collaboration of Tidal energy.

Continued……
 The director resolute to invest $20 million on this
project and he invest the money without any
discussion.
 Both the company faced loss after certain period.
 It has to appraise that one of the administrator of
Chaser Ltd had been major investor of West Pool
, was the created corporation of Wayne.

Issues
 According to the case study, it has
been charged that there are a small
number of issues and confronts that
had been recognized to be
motivation on the breakdown of the
Chaser Ltd and as well as Tidal
power in the marketplace of
Australia.

Continued….
Figure of failure:
Major issues for
the failure of
business
Deficiency in
proper research
related to
business
Deficiency
proper business
plan.
Deficiency in
market research

Deficiency in market research
 The commerce development and enlargement
are always based on the research of market.
 According to the case study, it has been noticed
that the management of the company are not
competent to assess and assume trends, and
needs of the market.
 In the case reading, the directors of the
corporation have countenanced issues of lack of
appropriate market study.

Deficiency in Proper business plan:
 The companies policy and rule or act state that,
the company is footed on quite a few issue like as
produce line, possessions, rules, etc.
 These issues are incorporated in appropriate
promote plan at the same time as making
overture of fresh manufactured goods.
 In the commerce area, generally there is more
than a few partnership breakdown has been
knowledgeable.
 The case study of Chaser limited, has occupied
such need of business preparation and planning.

Deficiency in research:
 The issue that describe matter for a breakdown in
trade suggestion to go through in new marketplace.
 The majority of the resolution has been seen
provided that the business bodies fail in the market.
 The study appraise that unfortunate information and
knowledge on the market circumstance, tendencies
and good speculation component can consequence
to incorrect verdict making.
 The elements of Tidal energy have as well made a
question that has construct the loss of $20 million on
the account of Chaser Ltd in the market of Australia.

Factor which inflects issues:
 According to the appraisal, there are positive
questions that had been recognized in apprehension
to the Corporation act and other universal regulation of
the trade commodities.
 The questions been indicated because of which the
trade failure happens are tackled in the regulation and
policy of the company regulation.
 Deficiency in of market investigation, irresponsible
study of savings, uneven or unexpected partnership
contracts poor experience in asset creates the failure
of the company.

Figure for issues:
Matters
which
influences
the business
failure
Deficiency
in
investment
forecasting
Deficiency
in market
resource
Change in
market
setups.

Change in market trend:
 The market study is assessed to be a significant
stage in growth and enlargement of new
manufactured goods or service in the place of
market.
 According to study, the issues that control the
market study are identified as market tendency,
purchaser segmenting, and need.
 The managers of Chaser Ltd has constructed a
deficiency in appraisal of market tendency and
difficulty that has show the way to defeat of
partnership by means of the Tidal energy.

Corporation Act, 2001 and other general law
provisions:
 The Corporation Act of 2001 supply diverse
shape of trade commodities that to be bring in the
market.
 In the rule and policy configuration of the
commerce, it comprises firm jurisdiction for
dissimilar reason and objectives to be attained.
 In the section of 181, the managers required to
be supporter, good trust and involved towards
providing productivity to company.

Corporation Act, 2001 and other general law
provisions
 According sections 182, the duty of the director is
that they do not mistreatment the high position of
trade and use the position for individual interest
and compensation.
 The duty of the directors mentioned under
section 184 assessed the individual to be
countenanced criminal punishments on
infringement of the entire sections stated as
duties of the director in the corporation.

Advisory to the directors:
 According to the study and assessment of directors
responsibilities mentioned in Corporation Act,2001 and broad
business act, there are certain wings which had been recognized
begin by managing authority of theChaser Ltd.
 The matter evolution has appraise a number of the topic and
confront that have guide to defeat of Chaser and Tribal energy
defeat in marketplace of Australia.
 In the learning outlook, Anthony is the individual of the Managers
of company who has violates the rule of disagreement of attention
as giving chance to persuasive additional managers for
speculation on the Tribal energy.
 The violation of preservation on decision of managers of the
company has been prepared as the pinnacle head of company
who has constructed conclusion stand on lack of knowledge of
Wayne, reprehensible study on marketplace study in the
Australia.

Conclusion:
 The report gives critical assessments on Corporation and
securities regulation which is definite as situate of system
and laws.
 It make available appropriate principle on partnerships, trade
curriculum, share and supplementary trade connected
processes.
 Those commandments are habitually mentioned because
the company acts that bring in data and appraisal on top of
the principle and structure on speculation components partial
legal responsibility.
 With the appointment of Corporation Act, 2001 and general
act a number of the famous question, reactors authorities and
violation of directors responsibilities has been recognized in
report.For more information :myassignmenthelp.com/answers/acc704-companies-securities-law/research-report-current-issues-

List of references
 Books
 Dignam, A. and Lowry, J. (2009). Company law. Oxford:
Oxford University Press.
 Hannigan, B. (2009). Company law. Oxford: Oxford
University Press.
 Harvey, C. (2009). Cornerstones of Australian law.
Prahran, Vic.: Tilde University Press.
 Mitchell, R. (2011). Law, corporate governance and
partnerships at work. Farnham, Surrey, England: Ashgate
Pub.
 Siljander, R. (2008). Introduction to Business and Industrial
Security and Loss Control. Springfield: Charles C Thomas
Publisher, LTD.
 Tonkin, H. (2011). State control over private military and
security companies in armed conflict. Cambridge, U.K.:
Cambridge University Press.

Continued…
 Journals
 Bruno, S. (2012). “Directors’ Versus Shareholders’ Primacy in U.S.
Corporations Through the Eyes of History: Is Directors’ Power
“Inherent”?”. European Company and Financial Law Review, 9(4).
 Charles, D. (2010). “Rob McQueen, A Social History of Company Law:
Great Britain and the Australian Colonies” 1854–1920. The Law
Teacher, 44(1), pp.112-114.
 Dean, J. (2013). “A. Dignam and J. Lowry, Company Law B. Hannigan,
Company Law”. The Law Teacher, 47(2), pp.281-284.
 Kanamugire, J. and Chimuka, T. (2014). “The Directors’ Duty to
Exercise Care and Skill in Contemporary South African Company Law
and the Business Judgment Rule”. Mediterranean Journal of Social
Sciences. Pp-.45-92
 Langford, R. (2011). “The Duty of Directors to Act Bona Fide in the
Interests of the Company: A Positive Fiduciary Duty? Australia and the
UK Compared”. J Corp Law Studies, 11(1), pp.215-242.
 Lowry, J. (2009). “The duty of loyalty of company directors: bridging the
accountability gap through efficient disclosure”. the cambridge law
journal, 68(03), p.607.

Continued….
 Lowry, J. (2012). “The Irreducible Core of the Duty of Care, Skill and Diligence of
Company Directors: Australian Securities and Investments Commission v Healey”. The
Modern Law Review, 75(2), pp.249-260.
 Robb, G. (2011). “Rob McQueen, A Social History of Company Law: Great Britain and
the Australian Colonies, 1854–1920”, Surrey: Ashgate Publishing, 2009. Pp. 374.
$124.95 (ISBN 978-0-754-62168-3). Law and History Review, 29(02), pp.63-80.
 Gale, C. (2007). “The business of business law”. Managerial Law, 49(1/2), pp.10-12.
 Szörényi, A. (2010). “Giving an Account of Myself: Trans-Generational Holocaust Guilt in
the Company of Bernhard Schlink and Judith Butler”. Australian Feminist Law Journal,
33(1), pp.37-55.
 Taylor, J. (2010). “A social history of company law: Great Britain and the Australian
colonies, 1854–1920”. Business History, 52(5), pp.857-858.
 Warchol, J. (2011). “The Balance of Power in Polish Company Code Regulations: An
Eastern European perspective on Corporate Governance”. European Company and
Financial Law Review, 8(2).
 Rutter, T. (2010). “Issues in review: Dramatists, playing companies, and repertories”:
Introduction. Early Theatre, 13(2).
 Dong W. K, (2011). “Legal Review of Regulations on Financial Companies' Conducts of
Business in Australia”. SungKyunKwan Law Review, 23(1), pp.183-232.
 Karlíček, M. and Drábik, P. (2012). Marketing’s Influence within Companies: Current
Issues and their Possible Resolution. Studia commercialia Bratislavensia, 5(20

Companies and Security Laws

Recommended

Recommended

More Related Content

What's hot

What's hot (8)

Similar to Companies and Security Laws

Similar to Companies and Security Laws (13)

Recently uploaded

Recently uploaded (20)

Companies and Security Laws