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Director’s absolute right to access company’s financial records
Directors have a right to access financial records, but how far should they go? This article explores the balance between a director’s right to information and acting reasonably in circumstances.
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Shareholder rights to obtain the register of members and section 168
Find out how a company’s obligation to disclose its register of members can affect shareholder rights and communication. Learn more by reading about the case of Hongkong Xinhe International Investment Company Limited v Bullseye Mining Limited [2020] WASC 276.
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Director’s right to inspect company records
As a director, it is important to understand your obligations and rights, including the right to access the company books. Explore this further in this article, which examines the case of Oswal v Burrup Holdings Limited [2011] FCA 609 and the implications of a company refusing a director access.
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Shareholders’ right to information
When shareholders are restricted from accessing company information, it may be a sign of a dispute. The Corporations Act 2001 (Cth) provides mechanisms for minority shareholders to obtain relevant information, but they must prove they are acting in ‘good faith’ and ‘for a proper purpose’.