Faculty of Business and Economics

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Monash University Handbook 2010 Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

FacultyFaculty of Business and Economics
OfferedCaulfield First semester 2010 (Evening)
Caulfield Summer semester A 2010 (On-campus block of classes)
Coordinator(s)Ms Michelle Welsh (Semester 1); Mr Phillip Lipton (Semester 2)


Topics include the Corporations Act scheme; the role and functions of the Australian Securities and Investments Commission; the concept of limited liability; the effect of registration; the corporate constitution; the company's relationship with outsiders; share capital; regulation of public fund raising; duties of directors, officers and promoters; rights of members and minority shareholder protection; forms of corporate insolvency administrations, particularly as they affect creditors, officers and shareholders; trusts, trustees, beneficiaries and third parties.


The learning goals associated with this unit are to:

  • identify the important elements in the regulation of companies and how they may be used
  • analyse hypothetical case studies and formulate a legal argument by the application of statute and case law
  • critically evaluate the effectiveness of aspects of corporate law in the context of the changing needs of the community.


Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Phillip Lipton

Contact hours

3 hours per week


BTX9020 or MBA9002, or equivalent