Reflective practice exercise 4 (Week 10): Overall reflections of Company Law

You are now at a point in the Semester where your focus should be turning towards the final exam. With Week 9 a workshop-free week, you have a chance to review the work you have done in Week 1 through to Week 8 and start thinking about your study techniques, plans and strategies for Company Law. You also have time to take a step back from the Company Law course and think about how you can apply some of the lessons or learnings from this course to a variety of contexts or situations outside this course.

For this final reflective exercise, please review your workbook, your responses to the previous reflective exercises and your experiences in Company Law from Weeks 1 to 8 and answer the following questions:

What were the two most challenging weeks in Company Law? Why were these weeks challenging? What steps can you take to address the challenges with these weeks in preparation for the final exam?What are three things you have learned from Company Law so far that you can use now in your academic, professional and/or personal life? How can you use the three things now?

Please make sure you read the instructions before completing this exercise Maximum 300 words (total)

Week 1 ~ week 8 activities 25 Jul 16 Regulatory Framework (Lecture): History of company law, ASIC, company registration, separate legal entity concept 1, 2, 3 1 Aug 16 Companies and the Constitution (Lecture): Lifting of corporate veil; classification of companies; corporate constitution. 1, 2, 3 8 Aug 16 Pre-incorporation and external relationships (Lecture):Corporation constitution - cont; promoters and pre-incorporation contracts; corporate relations with outsiders. 1, 2, 3 15 Aug 16 Share Capital, Meetings and Dividends (Lecture): Share classes; share capital reductions. Types of member meetings; calling meetings, notice of meetings; and proceedings at meetings. Payment of dividends and distribution rules. 1, 2, 3 22 Aug 16 Directors (Lecture): Directors, including the definition of directors; the board of directors and its powers, company secretary, appointment, removal, and disqualification of directors. 1, 2, 3 29 Aug 16 Corporate Governance and Directors' duties (Lecture): The concept of corporate governance; The duty to act in good faith for a proper purpose. 1, 2, 3 Directors' duties - cont (Lecture): Duty to avoid conflicts of interest; improper use of position and information. 1, 2, 3 12 Sep 16 Directors' duties - cont (Lecture): Duty of care and diligence; Duty to prevent insolvent trading; relief and remedies for breach of statutory duties 1, 2, 3 19 Sep 16 No lecture: Revis 5 Sep 16