Responding to changes to director resignation requirements
Responding to changes to director resignation requirements By Jerome Doraisamy|23 February 2021 Recent changes to the Corporations Act provide an opportunity to bolster internal processes and ensure law departments have steps in place to better notify regulators. Changes have also been made, K&L Gates special counsel Ben Benson and Susan Parker (both pictured) said, to director resignations. From 18 February 2021, changes to the Corporations Act 2001 made by the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 came into effect. The new provisions commenced on 18 February 202...
Source: lawyersweekly.com.au