LAWS 7010 Company Law

Credit Points 10

Legacy Code 200433

Coordinator John Chellew Opens in new window

Description This unit mainly deals with legal issues concerning various aspects of companies: incorporation, regulation, membership and capital, company management, corporate officers, meetings, relations of the company with outsiders, accounts, reports and other disclosures, arrangements and reconstruction, receivers and winding up, and share acquisition and takeovers. It also considers public policy issues underlying the law in the above areas. Other forms of business organisation, such as partnership, trusts and sole traders, are also dealt with.

School Law

Student Contribution Band HECS Band 4 10cp

Check your HECS Band contribution amount via the Fees page.

Level Postgraduate Coursework Level 7 subject

Pre-requisite(s) LAWS 7009

Equivalent Subjects LGYA 8939 - Company Law (PG)

Restrictions Students must be enrolled in a postgraduate Business program or in program 3748 Master of Information Governance. Students wishing to take this subject as an elective need approval from the Academic program Advisor.

Learning Outcomes

On successful completion of this subject, students should be able to:
  1. Recognise the basic principles of company law.
  2. Describe the practical operation of a scheme of corporate regulation in the Australian federal system.
  3. Recognise how the statutory regime of corporate regulation intersects with common law and equitable developments.
  4. Appraise some of the criticisms of current corporate law in the wider context, for example globalisation, and also be familiar with public policy issues in this area.
  5. Apply his or her understanding of company law concepts to analysing and solving practical problems.

Subject Content

1. Various forms of business organisations.
2. Company as a form of business organisation - evolution, types, sources of law, regulatory framework.
3. Registration of a company, pre-registration activities.
4. Dealings with outsiders and liability.
5. Internal management rules, management of a company - Board of Directors and general meeting.
6. Duties of Directors and consequences of breach of duty.
7. Shareholder remedies.
8. Capital and fundraising.
9. Record keeping, disclosures and audit.
10. External administration - receivership, administration and winding up.

Assessment

The following table summarises the standard assessment tasks for this subject. Please note this is a guide only. Assessment tasks are regularly updated, where there is a difference your Learning Guide takes precedence.

Item Length Percent Threshold Individual/Group Task
Short Answers 72 Hours 30 N Individual
Quizzes 30 minutes each (marked online, each worth 5 marks, the best 4/5 will count) 20 N Individual
Final Examination 2 hours 50 N Individual

Prescribed Texts

  • Jason Harris, Anil Hargovan and Michael Adams, Australian Corporate Law (LexisNexis Butterworths, 6th ed, 2018)
  • Australian Corporations Legislation 2020 -(LexisNexis, Student Edition, 2020)

Teaching Periods

2022 Quarter 2

Parramatta City - Macquarie St

Evening

Subject Contact John Chellew Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

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Sydney City

Day

Subject Contact Neelam Goela Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

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2022 Quarter 4

Parramatta City - Macquarie St

Evening

Subject Contact James Paterson Opens in new window

Attendance Requirements 80% attendance rate is imposed in all core subjects’ due to the nature of class activities that are aligned with subject assessments.

View timetable Opens in new window