Corporations Law

Corporations Law is the legal framework that governs the formation, operation, and regulation of companies. It sets out how companies are created, how they must conduct their affairs, and the rights and responsibilities of their owners (shareholders), directors, and officers. The law aims to promote transparency, accountability, and fair business practices while protecting stakeholders and the public. Essentially, it provides the rules to ensure companies operate legally, maintain proper records, and handle issues like mergers, insolvency, and disputes in an organized manner.