Yes, in certain circumstances. Under the Corporations Act 2001 (Cth), directors owe statutory duties, and breaches may result in personal liability.
Can company directors be personally liable in Australia?
Insights
Yes, in certain circumstances. Under the Corporations Act 2001 (Cth), directors owe statutory duties, and breaches may result in personal liability.Disclaimer: This article is provided for general information only and does not constitute legal or other professional advice. By accessing or using this article, you acknowledge and agree to be bound by this website’s Disclaimer and Terms of Use.
AuthorLouisa Liu
Date
Book consultation
Contact us today for dedicated legal support.
Our team is here to help you with all your law enquiries. Simply fill out the booking form and contact us to discuss how we can assist you.
Client Experiences