RRP 0.00% 8.5¢ realm resources limited

Ann: TOV: RRP Realm Resources Limited Declaration and Orders, page-30

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  1. 242 Posts.
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    Not a law expert, did take a Corporate Law unit in the past. Would like to know how Gordon Gecko Galt as a director of Realm hasn't breach his directors duties under the Corporations Act namely:

    s181 - Act in good faith, in the best interests of the company and for a proper purpose; and
    s182 - Improper use of position (conflict of interest); and
    s183 - Improper use of information (conflict of interest).

    All three fall under civil penalty provisions s1317E and criminal penalty provisions s184.

    Would be great if ASIC:
    -fined him $200K (s1317G); and
    -disqualified him as director (s206C); and
    -Jail him for 5 years.

    We can only dream.
 
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Currently unlisted public company.

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