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Civil penalties imposed on individual directors by the Court as a result of breach of directors duties include: 1 Disqualification as company director 2 Civil
Civil penalties imposed on individual directors by the Court as a result of breach of directors duties include:
1 Disqualification as company director
2 Civil penalty, defined as 5000 penalty units
3 Compensation to the company.
4 Imprisonment for up to 15 years
a. | 1 and 2 only | |
b. | 1,2 and 3 only | |
c. | 1, 2 3 and 4 | |
d. | 2 only |
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