Directors’ Duties and Shareholder Agreements Lawyers in NSW
Strong corporate governance is essential to protect businesses, directors, and shareholders from legal risk and internal conflict. At Jones Hardy Law, we provide expert advice and representation on directors’ duties and shareholder agreements to ensure your business remains compliant, transparent, and resilient.
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Why Choose Jones Hardy for Directors’ Duties and Shareholder Agreements?
- Expertise in Corporate Governance – In-depth knowledge of directors’ legal obligations under the Corporations Act 2001 (Cth) and practical solutions for shareholder relationships.
- Tailored Corporate Solutions – Agreements and strategies designed to reflect your business structure, commercial objectives, and growth plans.
- Proactive Risk Management – Identifying and mitigating governance risks before they escalate into disputes or regulatory breaches.
- Ongoing Advisory Services – Regular support to ensure your governance frameworks remain compliant with evolving legal standards.
Why This Matters
- Drafting a new shareholder agreement,
- Revising existing governance frameworks,
- Navigating disputes between directors or shareholders, or
- Seeking advice on compliance with statutory duties,
Our Approach to Directors’ Duties and Shareholder Agreements in NSW
- Detailed Legal Assessments – Clear analysis of directorial responsibilities and the enforceability of shareholder agreements.
- Strategic Risk Management – Practical solutions to minimise exposure to disputes, penalties, or breaches.
- Robust Representation – Strong advocacy in shareholder disputes, director liability claims, or ASIC enforcement proceedings.
- Regular Updates and Insights – Guidance on evolving corporate law developments affecting your governance obligations.
How We Can Help You
- Drafting and reviewing shareholder agreements to ensure clarity and enforceability.
- Advising directors on their statutory duties, including duty of care, good faith, and avoidance of conflicts of interest.
- Representing clients in shareholder disputes and directorial misconduct allegations. Assisting companies in revising governance policies to remain compliant with Australian law.
Frequently Asked Questions | Directors’ Duties & Shareholder Agreements in NSW
What are a director’s key duties under Australian law?
Directors must act in good faith, exercise due care and diligence, avoid conflicts of interest, and act in the best interests of the company.
What are the consequences of failing to comply with directorial duties?
Consequences can include personal liability, disqualification, financial penalties, or prosecution by ASIC.How do shareholder agreements affect my rights as a shareholder?
They set out rights, responsibilities, and dispute resolution mechanisms, ensuring clarity on issues such as profit distribution, voting rights, and exits.
How can I ensure my shareholder agreement is enforceable?
It must be carefully drafted, signed by all parties, and comply with the Corporations Act 2001 (Cth).
What should I do if there is a dispute among shareholders?
Seek immediate legal advice. Disputes may be resolved through negotiation, mediation, or legal proceedings depending on the terms of the agreement.
How often should our company review its governance policies and agreements?
Regularly—at least every few years, or when there are significant changes in company structure, legislation, or shareholder interests.
Can directors be held personally liable for company misconduct?
Yes. Directors can be personally liable for breaches of duty, insolvent trading, or regulatory non-compliance.
What is the best way to handle a conflict of interest within a board?
Directors must disclose conflicts and, in most cases, abstain from voting on matters where they have a personal interest.
Ready to Take the Next Step?
- Tailored shareholder agreements and governance solutions.
- Expert advice on directors’ duties and statutory compliance.
- Strong representation in corporate disputes.
- Ongoing support to keep your business legally secure.
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