The Corporations Act is the principal legislation that governs and regulates companies in Australia in matters including, but not limited to, formation, operation, duties of officers and takeovers.
Find out the basics of establishing a corporation and create a set of legal documents required by law for your company to be operational. Mercantile Legal will be with you every step of the way.
By deregistering a company, it is removed from the register of companies and is stripped of the ability and permission to trade. It ceases to exist as a legal entity.
Administration is a procedure for gaining control of an insolvent corporation, in which the Court may appoint a licenced insolvency practitioner as administrator whose aim is to leverage the company’s assets to repay the creditors as quickly and fully as possible.
In liquidation, the corporation’s assets are sold to pay bills and divide the remainder amongst shareholders, partners and other investors. Insolvency of the corporation is not necessary to liquidate assets.
A corporation must have a constitution that governs its operations. Let our solicitors assist you in this process through swift and competent legal service.
Our law firm in Melbourne and Sydney provides professional legal service aimed to ensuring that corporations, companies, schemes, individuals and various entities meet their obligations under the Corporations Act 2001.
Directors and company officers play a fundamental role in establishing and maintaining the standard of a company’s corporate governance. Corporate governance is a driver of the performance of a company.
Particular officers have roles as compliance officers within a corporation’s protocol. Legal counsel is advised to clearly and properly define these roles.
Shareholders, or stockholders, legally own one or more shares of stock in a public or private corporation. Mercantile Legal has a team of solicitors who can help you protect your rights as a shareholder.
Takeover laws are governed by two key concepts: voting power and relevant interest. Our solicitors will help you navigate this complex process for your best interest.
In mergers, two existing companies have an agreement to unite into one new company. There are several types of mergers and various reasons why companies choose to complete mergers, such as achieving greater efficiencies of scale and productivity.