Australia's #1 for Law
Join 150,000 Australians every month. Ask a question, respond to a question and better understand the law today!
FREE - Join Now
  1. Skateboard

    ASIC Corporate Key illegally used to remove two directors from company.

    I was the co director of a small real estate with my business partner. We suspect a person known to us used our company’s corporate key to remove us both as directors and appointed himself as the sole director and then a few days later further changed the company details to his own address...
  2. A

    Company Law- Oppression

    Hey im just looking for a little help in a company law question, I know s232 &s234 in the corporations act come into play. Can anyone provide similar cases and there outcomes? Shorty and Shifty set up a company called Simpleton Ltd. Through the business organisation Simpleton Ltd, Shorty and...
  3. M

    QLD Shareholder excluded by company

    I have a relative who is a 5% shareholder in a small proprietary company who she once worked for. Over the last 5-6 years, she has never been advised about or invited to the company's AGMs, never provided with Annual Financial Statements and never paid any dividends. All requests for...
  4. Singleton

    NSW Harassment by Milton Graham Regarding Non-existent Red Energy Debt?

    I'm not sure what to do now as I've exhausted all my options from contacting the ACCC, ASIC and NSW Office of Fair Trading to complain about Milton Graham formerly Dun and Bradstreet who have being harassing me over the phone and by text regarding an Red Energy Debt of $48.14 AUD despite the...
  5. D

    ASIC Registered Proprietary Company - No Financial Report?

    I invested a huge amount as a shareholder in a proprietary company in Australia - asic registered. They promised me to pay first dividend after the first trading year and from the contracts normally they need to file me an financial reports 90 days after the trading year. But now it is already 7...
  6. F

    NSW Can We Report to ASIC?

    Hi there, I was a shareholder and creditor in a company that went into voluntary administration. The entire VA process smells of a phoenix deal. The directors bought back the company for a steal wiping out all shareholders and creditors after putting forward a DOCA. A majority of creditors...
  7. A

    VIC Breach of Company Directors Duties?

    Background: In dispute with the other shareholder of a pty ltd company (we're both company directors). They made serious misrepresentations and false promises to convince me to leave my original business and create one with them. They've caused irreparable public damage to the brand with their...
  8. E

    NT Property Settlement - Forced to Resign and Relinquish Shares?

    Hi, I am currently going through family circuit court proceedings in regards to children's matters and property settlement. My ex and I were together since 2005 and have incorporated his sole trader business to a PTY LTD in Nov 2005. I am currently still company secretary and 50% shareholder...
  9. D

    NSW Constitution - Use of Shortened Name on Legal Documents?

    Hi there, I have a situation whereby a Unit Trust Deed (for which the trustee is a company) was signed by the directors of the trustee company. One of the directors was listed using a shortened name (e.g Ben instead of Benjamin, Mick instead of Michael). The director isn't one of the unit...
  10. S

    NSW Employment Contract - Setting Up My Business While Still Employed?

    I'm a full-time/permanent employee of a famous tech company, and planning to partner with couple of friends and make our own tech startup. For family reason and as I still need to look after my family and need an stable source of income, I don't want to resign at the moment, and planning to...