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19/04/18
13:32
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Originally posted by grussellt
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You could be right and this might result from the actions of a "shadow director" lurking in the background.
As defined by ASIC:
Shadow directors
Under some circumstances, even if you are not formally appointed as a director, you may still be subject to the same duties and liabilities as a director.
For example, if you act as a director or give instructions to the appointed directors on how they should act, you may be considered a ‘shadow director’.
Shadow directors can still be liable for breaches of the laws relating to directors’ duties, even though they were never formally appointed as a director of the company.
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Jeremy Baldock - that name keeps on coming up. I believe that he and Phil Currie are very close. Perhaps they are related as well? I don't know.