Lance Mannion An Ethical Dilemma - 752 Words

â€Å"Think not of yourself as the architect of your career but as the sculptor. Expect to have to do a lot of hard hammering and chiseling and scraping and polishing,† (B.C. Forbes, n.d). The case study involves an executive Lance Mannion who is offered prestigious position at his father’s firm, but prior to accepting the offer he wants to further develop his personnel management skills. Lance accepts a senior administrative position in overseas tourist firm; he finds considerable success in his new position and assists the organization with lowering their overall expenses. Lance suggests to the management and fellow executives that they could contribute to the cost savings by reducing their expenses, but his met with opposition from his fellow colleagues. Lance decides to investigate the executives expense records and his alarmed by his findings. Lance soon discovers that executives are misusing their expense accounts on personal purchases and some are even using it t o conduct an affair. Lance is presented with an ethical dilemma in how to respond to the executives’ misuse of company’s resources. â€Å"All that evil requires to triumph is for good men to do nothing,† (Gregg, 2007, p. 13). Lance has ethical responsibility to himself, the organization and to the shareholders to develop a strategy to address the ethical dilemma. Lance has set a personal goal to further develop his personnel management skills and this presents a great opportunity to advance his skills. In order toShow MoreRelatedCase Study : An Executive Lance Mannion777 Words   |  4 Pagessculptor. Expect to have to do a lot of hard hammering and chiseling and scraping and polishing,† (B.C. Forbes, n.d). The case study involves an executive Lance Mannion, who is offered a prestigious position at his father’s firm, but prior to accepting this offer he wants to further develop his personnel management skills at another organization. Lance accepts a senior administrative position in an overseas tourist firm; he finds considerable success in his new position and assists the organization with

Physical, Mental, and Social Benefits of Playing Sports Essay

Sports, a very popular past time today, have been around since ancient times. Greek Olympic Games featured events from chariot races, javelin throws, to wrestling. In addition, a game similar to soccer was played in China by the second century BC. In England, a violent rugby type game was even played to settle feuds between villages. With the development of the industrial revolution and the creation of the first public schools, sports decreased in violence and were played more recreationally and constructively. Basketball was invented to help the youth in New England spend their energy in the winter months. Since the early 1900’s sports have been a key experience in the United States (â€Å"History of Sports†). I have played†¦show more content†¦The experiences of failing and trying again provide a learning process that can translate to greater achievement in school. â€Å"A controlled longitudinal study found that adolescents who participated in sport s showed improved grade point averages, had increased attachment to school, and were more likely to attend college† (Larson, Reed, and Sean Seepersad). The persistence children learn while playing sports will carry on in other parts of life, such as learning in school, leading to continual success. While playing basketball, I began to grow more mentally and socially. I stayed more active in the games and reacted faster; I would be ready to block a sudden dash to our hoop. In other activities, such as math, I began solving equations quicker and was more focused. Also, as a child I was a quiet and shy. When playing the game, I could not just stand back; I had to get into the action by challenging the ball or trying to get a pass. As my confidence developed, I became more bold and outgoing in other parts of my life. Sports can be a unifying force, too. Parents of high school students who participate in sports have higher expectations for their children. They will drive their children to work harder and achieve more potential. Girls find participation in sports to be a way to break gender stereotypes, enhancing their sense of possibility. Also, playing team sports can minimize feelings of difference and isolation.Show MoreRelatedCompetitive Sports Essay800 Words   |  4 Pagesknow that sports and regular exercise provide physical and mental stress relief, which can help certain mental health disorders like depression and anxiety. There has been a long disagreement about whether kids should be able to play sports or not. I believe that they should be able to. I do know that sports can cause problems, but I believe the benefits overweigh these problems. Competitive sports can help deal with varieties of these discomforts including physical, social, and mental health. InRead More1 Student 1 Sp ort Policy1750 Words   |  7 PagesPolicy (1M 1S) Sports should be integral to a person’s life. This is due to the benefits in health that can be derived from it and also skills such as strategic thinking and teamwork can be learnt. Most pupils have benefitted from participation in various sports, but most voluntarily participated in the sport activities of their choice. Sports serve as an excellent physical exercise. Those who play sports have a more positive body image than those who do not. Sports often involve physical activitiesRead MorePlaying Sport Is Better Than Video Games-Speech817 Words   |  4 PagesDo you prefer to play sport than video games? Not everyone agrees but recent and continuous research has shown that more than half of Australians prefer to play it because of the physical and mental health benefits and an opportunity to socialise more with new friends. Playing video games however, hardly uplifts these standards. First of all, it’s obvious for a fact that the reason why playing sport is better than video games is because it helps us become physically stronger. Our health improvesRead MoreSports And High School Are Beneficial848 Words   |  4 PagesSports in High School are Beneficial Students are people who study at school or college. At school students, lives are divided into two sections such as academic and athletic. During high school, sports become a good portion of students’ lives. Some parents send their children to study at school and considers sports a distraction to studies. A true sport requires energy, time, and determination..There are a few disadvantages to playing sports in High School but there are even more benefits to playingRead Morebenefits of youth sports1111 Words   |  5 Pagespositive effects of youth sports Athletics can have a very major impact on a child’s life. Students who participate in youth athletics learn many life skills that can positively affect their lives. Athletics benefit children in physical, psychological, and social development. Studies show that youth who participate in organized sports during middle and high school do better academically and are offered greater job prospects than children who do not partake in sports activities (Marilyn Price-MitchellRead MoreVideo Games : An Unhealthy Lifestyle1289 Words   |  6 Pagesdays who are more focused on playing video games are at risk of having an unhealthy physical lifestyle. Video games play a part in a child’s health in that it could be the reason they do not get enough physical activity. This could lead to an unhealthy lifestyle in which they could become overweight and continue to be overweight as young adults. According to Melchior, Chollet, Fombonne, Surkan, and Dray-Spira’s research they st ated â€Å"Young adults who reported playing video games once a week had aRead MoreNegative Effects Of Sports1669 Words   |  7 PagesYouth sports are an incredibly healthy way for kids to grow and release energy. Children in preschool can begin to take part in sports like dance and soccer, and as they grow older, the lists of sports gets longer. However, there are negatives of sports that are often not talked about by parents, coaches, schools, or the media. As a result, stigmatization occurs, leaving children struggling with sports to suffer alone. With youth sports, elevated levels of stress occur, and as a consequence, mentalRead MoreChildren Spend Most Of Their Day Time At School, Albeit948 Words   |  4 Pagesdeprived of time for sports and fun. The main reason for this is that either the schools do not have enough facilities to organize sports or the management does not realize the importance of sports and other physical activities. In schools, the break time is hardly o f 20 to 30 minutes. Children can either play games with friends or have their lunch during this short time. They do have games session, but that is just once in a week. Even on that day the children cannot play sports as there is nothingRead MoreWhat Role Did British Colonisation Play On Developing Indian Cricket?1534 Words   |  7 Pagesthrough colonisation in the 18th century. The British considered cricket to be more than just a sport. They regarded it as a ‘gentlemen’s game’ that embodied key values of English Victorian Society, such as, sportsmanship, strength, good temperament and polite conversation. The British, therefore, had ulterior motives for introducing cricket into India. That is, cricket became a symbol of racial and social superiority and was used by the British Imperial Officers as a tool to spread civilised valuesRead MorePriviledged and Underpriviledged Children in a Sport1417 Words   |  6 PagesFor the past 9 months I have been able t o study privileged children and teenagers playing tennis because I coach tennis for a living. When I started coaching tennis I always noticed different behaviors between students and it made me curious to what made certain students have such behaviors. It made me think of maybe it was how they are raised, morals, religion, wealth, or maybe it is just part of their personality that they have grown themselves. After, taking time and evaluating tennis players

Semester Poetry Essay Example For Students

Semester Poetry Essay This unit will attempt to offer an overview of Spenders well known sonnet sequence, the Alienator sonnets, Causing primarily on formal elements and literary influences. It ill offer analyses of three sonnets flow the Amaretto. The influence in particular of Italian court poets like Patriarch, and the reworking of the sonnet will be explored. The earlier mentioned conflict between the Christian and Platonic visions especially of love and eroticism will be touched upon. To begin with, in what follows immediately, we will examine some aspects of the sonnet and of the courtly love tradition, which Spencer was part of. 10. 1. 1 The sonnet An important point to remember while reading the poems and the following notes is that the sonnet is fundamentally a short lyric, a stylized fourteen line poem that plopped in Italy in the Middle Ages. There are broadly three styles of sonnets: the Patriarchate, which is the most common, consisting of an octave and a sestets; the Spenserian, which has four quatrains and a couplet, rhyming ABA Bcc CDC e; and Semester Apt By inalienable Aired Poetry 1 The Intent unit FoxPro,re r nee relations Read INTRODUCTION Alarm,inertly sonnets, tradition, which Speers An important point to Spenserian, which the Shakespearian, which follows the Spenserian line scheme couplet, but differs in its rhyme scheme (ABA CDC beef g). T popular in Italian poetry primarily as a vehicle for the express inequality, a heritage that it canted with it into its English verse Italian poet most well-known fourths practice, and his Zoning sonnets is a sort of literary c 0-? n -?e ND I u nth passions o sonnet is in many ways the most appropriate foam for the artic of the Tiny of sentiments that came to be characterized as coo prevents excessive sentiment from beckoning sententiousand sentiment to be articulated through intense imagery and condo same time its internal organization allows the poet a degree o innovativeness in terms of constructing the poem as a dramatic of movements that mirrored the movements of his own passion he titlist-Tanta vii-dues of any courtier (as we earlier noted in U influential Italian writer Castigation in Tale Roll of TIE Courtier conduct Book of sorts for many Elizabethan courtiers) was iii supersaturate). We can see how informant the sonnet was as a f held in moderation even as it Ignited at the oven-?leaning pa lover. Perhaps insist significantly, it allowed the poet to repress yet elusive, almost ephemeral and trans-worldly feeling an id characterized the poetry of the courtly love tradition. In this SE the ideal of I -? n the for articulation fifths dominant conception Renaissance. Let us briefly examine this phenomenon. Spenders Poetry-I 10. 1. 2 The Courtly Love Tradition and Poetry When Sir Things Wyatt and the Earl of Surrey translated Peter in the 16century, it was to prove tremendously influential. The way bethinking and WI-ting about love in English poetry that chivalric, based on feudal thinness and ideas, and centered on t as mistress of the poet. This way of thinking about love, or did first formed in the troubadour poetry of Quatrain and -? r o v toward the end of the 1 lath century, flow where its influence SP rest of Europe. One may describe its basic tenets as the follow adultery; the near-deification of the mistress; the lover as very eve; and somewhat paradoxically, the celebration of faithful s There were several reasons for the emergence of this particular Medieval Europe in the early part of the last millennium was c war-lords, protected and s u -? -? o u n d e d aimless of inking-?TTS allegiance entirely to their respective barons. One means of of analogs these lords was through-? enlarges between their ho of convenience meant that the lady of the castle was oaten not and even neglected by her husband. Since the castle population predominantly male, with few women, the lady inevitably came to be the recipient of he amorous attention of the many knights and courtiers. The passions thus evoked were talus often tom by the opposite demands of fidelity to the lord and desire for the beloved. Equally informant were the roles of the Catholic imagination of the Virgin Mary on the one hand and the pre-Christian tribal conception of whine as powerful beings, on the other: they led to the beloved, because of her social inaccessibility, often being represented as quasi-divine, especially in poetry. It is from this peculiar conjunction of social and historical factors that the poetry of courtly love carries the radically discourses of adultery and fidelity, intense physical passion celebrated in an idealized, almost spiritualists fashion. Poets in particular had few predecessors to Tums to, to chart this new mixture UDF emotions, although the Latin poet Ovid, in his Ears Alienator (which pictured the lover as the slave of his passion and therefore of his beloved), was to prove singularly influential. Tale poetry that emerged flow this context spread swiftly through medieval Europe; C S Lewis old but classic study, The Allegory o f I eve , is w -? art h exploring for a more detailed understanding of this honeymoon. However, by tile time it reached England in the 1 61 h century, several other factors came to play a decisive role in changing its characteristic features. Poets like Sidney and Surrey continued in the veil of the old courtly love poetry, particularly with the AI-?avail Elizabeth to the throne of England. She epitomized the of type of the inaccessible ministers even more salsa-?lay than the auguries of the beloveds in earlier poetry, and inspired the same kind of mixed and paradoxical fervor. The beloveds in the courtier poetry of tale time was thus frequently compared in her inaccessibility to the queen herself. The online-taut difference was that Elizabeth, as unattainable, was also FL-?nationally boll lord and lady: queen, besides being t n -? I y tile courtier owed allegiance as well as fidelity. This resulted in an intensification of poets. It is only in Spenders erase that a the language of deification in the Ii-?gills new language is forged, fusing tile amorous with the divine ill a way that liberated both from the contradictory pull of the other. We have noted ill the earlier units seine of the reasons for the allergenic of Spencer as a new Icing of poet. What we need to note here is that spread of a strict Protestant amoral Occidentalized substantially to the malting of Spenders poetry. This code broke with the deification of the beloved in the mould of the Virgin Maim, rendered her more this-worldly, thereby enhancing her desirability while simultaneously insisting on the omnipotence of maintaining sexuality and desire within conjugal bounds. Metaphysical And Cavalier Poetry EssayIn teens of reading the poem, this has one possible e trains reflect a total experience (of trouble and care), in which anticipation of relief from the experience becomes a part of it, rat from it; etc final couplet then functions as a reelecting cajolement experience, and in fact almost objectively rendering etc experience continuing one. 10. 2. 2 sonnet 67 This sonnet too picks up a trope common to both Planarian son Elizabethan versions of them: the setting of the lint, with the bell bet-?gig hunted by the poet as huntsman. Again, unlike its typical t Elizabethan sonnets, in Spenders version the huntsman catches Spenders is a radical exception to this convention, for HCI not only resents the victory over the beloved, or the concludes of the pre own will, I. E. , as of her own desire (11. 11-12). The ambiguity of line beholding me with milder looked, Maltese it unclear who makes I possible by becoming milder, the hunter or the hunted, but line 1 beloved remains nervous about the prospects of marriage, belying the poem. It would U-?alternating n Stride o Spencer f be very ins-active for the student to compare this Powell with Sir Thou-?NAS Watts poem Whoso list to hunt , a sonnet with similar themes and imagery, but . In the traditional Patriarchate mould In Watts poem the deer, or beloved, is ultimately unattainable, and the poem ends with the line Noel me teenager, for Careers I am (the Latin phrase emailing do not touch me), which are the words inscribed on the collar around the deers neck. In contrast, there is no Caesar, or competing lord, to whom the beloved is bound in Spenders poem. In her vive availability she thus becomes the site of a transforming discourse of love and desire in Spenders poetry a discourses which the beloved is not Just transferred flow a remote and unrealizable object of desire, but, with a new mutuality and reciprocity h a t probably originates in Protestant thoughtful, is hinted at as being herself a desiring subject. This sonnet too uses the rhyme scheme ABA Bcc CDC e, using the same three quatrains plus a couplet scheme, but unlike sonnet 34, it resists a thematic split into an octave and a sestets. Instead, being a poem less about a condition than an event, it lays out the movements of the event in three steps the three quatrains followed by a contenting couplet. The reversal typical to the Spenserian sonnet happens in the second quatrain itself, with the return of the deer, and her eventual willingness to be captured. 10. 3 sonnet 77 This sonnet boll-rows not from Patriarch but frown another -?Lila poet who was also inspired by Patri arch, Torque Taos (1544-95), specifically his sonnet Non son is flutist belle. Taos describes his beloveds breasts through two analogies pub-?anal and TTL-?e legendary golden apples but Spencer picks on oily one of these In this sonnet, devoting another sonnet entirely (solemn 76) to the other. In both 76 and 77, Spenders interstitial are not to describe physical beauty for its own sake, or as sexually stimulating and erotic, but to forge a connection between physical beauty ND spiritual virtue, linking the erotic with the spiritual and tale sacred. That is, he wishes to suggest that the beloved is so fill of virtue and religious and amoral purity, that even the sight of her breasts can only arouse in Line an appreciation ii these qualities in her, rather than simple physical desire. Hence the description o r her breasts as Exceeding sweet, yet void of sinful vice, That many sought yet none could rue taste, sweet fruit of pleasure brought from paradise: By Lou I-?oneself in his garden Platte. and The reference to paramedic. Is multi-leveled, referring to he original sin and the fruit of the Tree of Knowledge (of sexuality), as well as suggesting that his beloved is Paradise itself embodied, with the understanding of Paradise here as that original state of man when the sensual and the spiritual were not separate but fused. In this Spencer is deliberately attempting a fusion of the Platonic ideal (of ultimate beauty as lying beyond sensual perception), and Christian ninths and values (such that the Platonic Ideal of beauty may be perceived in the physical world by one sufficiently spiritual to not be evenhanded by its sensual seductions). Spencer seems to be applying Reformation celebrations of conjugal sexuality as superior to celibacy, to the less strictly marriage-oriented Patriarchate frame of sensuality. The reference in the final couplet to the thoughts as guests at the table of his. Beloved is intended to co-annunciate detachment from the vagaries or an electrodes sensuality. This Like the other two sonnets, this. Sometimes too follow the rhyme scheme ABA Bcc CDC e. There is a false rhyme between lines 4 and for worry and royalty are not true rhymes for lay and by. This may suggest a dissonance between the quatrains, but it would not be true. Firstly, the overwhelms theme of the sonnet pre-empty any such dissonance, holding the poem together on ere quatrains as part of a single experience, fusing the sensual and the spiritual or religious, rather than as discrete and disconnected pits of one event. Like sonnet 3 this one too describes a condition rather TTL-?an event (as in sonnet 67). However, an more like sonnet 67, this sonnet too cannot therefore be split into an octave and a sestets. 10. 3 LETS SUM UP In this unit we have looked at some important aspects of the sonnet forint and the. Traditions of courtly love poetic that influenced Spencer. We noted how the sonnet was in many ways the aptest literary vehicle for the articulation of a new conception of love that owed much to the Italian courtly love poets. Some of the important aspects of the costly love tradition and their transformation in Spenders poetic, long with the historical reasons for this, were also touched upon. We then examine some of Spenders shorter poems in this light.

Australian Securities and Investment Commission Law

Question: Discuss about the Australian Securities and Investment Commission Law. Answer: Introduction In the case of ASIC v Sydney Investment House Equities Pty Ltd [2008] NSWSC 1224 (21 November 2008) Australian Securities and Investment Commission is the plaintiff and Mr. Goulding is the 3rd out of the 9 defendants. In this case, the plaintiff had made a claim against the defendant that he had committed various infringements of the provisions of the Corporation Act 2001 (CA) and the Australian Securities and Investment Commission Act 2001 with respect to his role as the director of several companies comprising the Sydney Investment House Group . The plaintiff seeks from the court against the defendant that he should be he should be disqualified for an appropriate period from managing corporations and prevented from providing any financial services within Australia. However, the plaintiff had not made any claims for the imposition of any kind of penalties and others orders with respect to compensation payment. The plaintiff had initially brought proceedings against eight companies, which belonged to the SIG group. Mr. Goulding and the Mr. Geagea (fourth defendant) were or acting as the directors of most of the companies which are all in liquidation. Application made by the fourth defendant with respect to Section 29.9(1) (a) and 29.10 one after the other against the claim of the plaintiff were dismissed by the court. The court in this case had to determine the fourth defendant committed the breach of the provisions related to directors duty or not. Breach Of Directors Duty The plaintiff claimed that the court should determine that the following breached were committed by the defendant with respect to the Corporation Act and the Australian Investment and Securities Commission Act. According to the plaintiff, the defendant had breached the Section 180-182 of the Corporation act 2001 by permitting or causing capital and equities for making advance and loans moneys with relation to those loans to other members of the SIH Group (Keay 2016). The defendant had alleged that such loans have been provided in situations it could be deemed that the borrowers were virtually insolvent and there was little or no chance that the loan would be paid back. The plaintiff also claimed that the defendant breached the procedures, which have been laid down in the capital prospectus and equities information memorandum for the purpose of making such loans. The fourth defendant breached the Section 180-182 of the Corporation Act 2001 by permitting or causing the conversion of right to repayment of the investors into equity shares with respect to a roll over transaction entered into by Equities and capital with the investors. The plaintiff also alleged that the fourth defendant misappropriated a sum of $4.5 million or $3.5 million in the alternative in relation to the company belonging to the SIH group. The fourth defendant breached Section 180 and 181 of the CA by permitting or causing equities to go forward with a managed investment scheme, which was unmanaged, and therefore a breach of Section 601ED of the CA. The fourth defendant also breached the Section 180 and 181 of the CA by permitting or causing Capital with respect to failing to report to the ASIC and the investors therefore resulted in the breach of Section 319 and 314 of the CA. The fourth defendant also made equity, capital breach the Section 911A, AND 911B of the CA by allowing or causing them to conduct financial services without authorization and as a result himself breach Section 180 and 181 of the act (Tewari 2015). The fourth defendant himself provided financial services without proper authorization and therefore breached Section 911B of the act. The fourth defendant also caused the breach of Section 180 and 181 of the act by allowing equities and capital to advertise financial products in breach of Section 1018A of the act. The defendant also breached the provisions of Section 180 and 181 by permitting or causing Equities and Capital to breach Section 12DA, 12DB and 12DF of the act by engaging in deceptive or misleading conduct. The fourth defendant also breached Section 180-182 of the act by permitting or causing Newcastle, capital House and Melbourne to get into many ad hoc deals with investors (Keay 2014). Critical Analysis of Decision The court in this case held the fourth defendant liable for the breach every allegation made by the ASIC. With respect to this decision, the court considered the following law. The court took into consideration the provisions of Section 180. The Section states that it is the duty of the and other officers of a company to use their powers and exercise their duties with proper diligence and care which any reasonable person would have used if they were an officer or director of the company in similar circumstance or held or occupied such a position in the company similar to that of the directors and officers (Gerner, Paech and Schuster 2013). The court in this case held that the defendant was liable for the breach of this Section by not observing diligence and care while discharging his duties as the director of the companies. The court also considered the provisions of Section 181 of the Corporation Act 2001 with respect to this decision. The Section states that it is the duty of the directors and the other officers of the company to discharge their responsibilities towards the company in good faith and in the best possible interest of the company (Gelter and Helleringer 2013). In addition, the directors and other officers of the company must discharge their duties for a proper purpose towards the company. Duties in this Section refer to the statutory duty, which the direct owns towards the company with respect to the general law o fiduciary duties. The court in this case also considered the decision provided in the case of Chew v R(1991) 4 WAR 21, where the court held that good faith means (Knepper et al. 2015) Best exercise of their powers towards the interest of the company No conflict between personal interest and the interest of the company No unfair use of advantage for making secret profits No misappropriation of companys assets for personal gains The court in this case reading Section 184 of the CA along with Section 181, the Section can be breached if the director has not acted in the best interest of the company, even if there is no act of dishonesty committed by the director (Huebner and Klein 2015). The court also considered the provisions of Section 182 of the CA in deciding this case, according to the provisions of the Section it is the duty of the directors and other officers of the company not to gain unfair advantaged for someone else or themselves by making unfair use of their position in the corporation. In addition, the directors and other officers of the corporations are not allowed to use their position in the company to cause detriment to the company. The court also considered the decision made in the case of ASIC V Adler 458 which held that entering into an agreement by the director which provides him with unfair advantage is the breach of Section 180,181,182 of the CA (Keay 2012). In the case of R v Byrnes[1995] HCA 1;(1995) 183 CLR 501 the court held that if a director of a corporation acts with respect to a transaction in which the part to whom he owns a fiduciary duty gains benefits without making proper disclosure in relation to his interest, then the director i s deemed to act improperly with respect to Section 182 of the CA (Welch et al. 2015). In addition, this would also lead to the breach of the provision of good faith provided in Section 181 of the act. In the case of Chew v The Queen[1992] HCA 18, the court held the provisions of Section 180,181,182 of the CA can be reached by mere conduct to a director to attain unfair advantaged or himself or someone else , it is not relevant in this case that whether the advantage was actually breached or not (Stout et al. 2016). With respect to the decision made by the court in this case the court also considered that although the corporation itself owes the duties imposed by Section 181 and 180 of the CA the direct could be held liable for the breach of provisions of these sections (Land and Saunders 2014). This breach can arise from making or not preventing the corporation from breaching the provisions of law, which may indirectly involve failure to exercise skill and care towards the interest of the company on the part of the directors (Fairfax 2013). After making such findings, the courts focused on the individual breaches, which were made by the defendant. With respect to the first breach of making loans the question before the court was to determine whether the pleading made by the ASIC are enough for the orders sought by them against the defendant and whether the objection of ASIC with respect to final formulation of loans were made out. The court in this case held that both the questions before the court were in favor of ASIC nod the defendant sis liable for the breach of Section 181 and 181 of the CA by making such loans (Prashker 2014). In relation to the allegation of rollovers against the defendant the question before the court was whether the orders sought by the plaintiff was in accordance with the pleading and whether roll over transaction finally formulated had been made out or not. After analyzing the submissions made by both ASIC and the fourth defendant the court decided that the defendant had breached directors duty by getting involved in the roll over transaction as alleged by the plaintiff. In addition the court also decided that the order sought with respect to roll over transaction were according to the pleadings made by the plaintiff. The court held that it is clear that the fourth defendant was clearly the sole director of equities and capital and he allowed the company to go forward with a role over transaction by issuing preference share without any consideration and subsequently breached the provision of Section 180 and 181 of the CA (Donner 2016). The court also held that the defendant breached t he provisions of Section 182 by causing detriment to the cpmpany through his actions (Bilchitz and Jonas 2016). With respect to misappropriation, after considering the submissions made by both the plaintiff and the defendant the court had two factors to analyze firstly whether according to the submission of the defendant the defects in pleading made by the plaintiff is extreme and defies all principles of pleadings. Secondly, to what extent the allegation with respect to misappropriation are true. The court in this case held that the payment made by the company were made for non business and in proper purpose or to give unfair advantage to the defendant and these payments were made to be caused by the defendant himself breaching the provisions of Section 180-182 of the CA. The court held the same with respect to unregistered managed investment scheme by not registering the investment scheme and therefore a breach of the defendants duty of care as provided in Section 180(1) of the CA along with the breach on Section 181 by not acting in best interest of the company (Bruce 2013). The court had a different view with respect to the breach of reporting failure by capital. The court held the the defendant breach the provisions of Section 180 by not complying with his duty of care towards the company. However, the court held that the defendant did not breach the provisions of Section 181 in this situation, as his acts cannot be considered not to be in good faith. Conclusion The findings conducted by the court in this case are broadly discussed the range and limits of the duties of directors and other officers towards the company. The provisions provided in Section 180-182 of the CA have a very wide but simple meaning to them. Through this case the court made it clear that the it is not necessary that detriment was actually caused to the corporation or unfair advantage was actually gained by the director , it is enough that the directors acted in such a way which would have resulted in such problem. References Bilchitz, D. and Jonas, L.A., 2016. Proportionality, Fundamental Rights and the Duties of Directors.Oxford Journal of Legal Studies, p.gqw002. Bruce, M., 2013.Rights and duties of directors. Bloomsbury Publishing. Donner, I.H., 2016. Fiduciary Duties of Directors When Managing Intellectual Property.Nw. J. Tech. Intell. Prop.,14, p.203. Fairfax, L.M., 2013. Sue on Pay: Say on Pay's Impact on Directors' Fiduciary Duties.Ariz. L. Rev.,55, p.1. Gelter, M. and Helleringer, G., 2013. Constituency Directors and Corporate Fiduciary Duties.Forthcoming: The Philosophical Foundations of Fiduciary Law (Andrew Gold Paul Miller eds., Oxford University Press, 2014). Gerner-Beuerle, C., Paech, P. and Schuster, E.P., 2013. Study on directors duties and liability. Huebner, M.S. and Klein, D.S., 2015. The Fiduciary Duties of Directors of Troubled Companies.American Bankruptcy Institute Journal,34(2), p.18. Keay, A., 2012. Directors duties to creditors and financially distressed companies. Keay, A., 2016. Wider Representation on Company Boards and Directors Duties.Journal of International Banking and Financial Law,31(9), pp.530-533. Keay, A.R., 2014.Directors' duties. Knepper, W.E., Bailey, D.A., Bowman, K.B., Eblin, R.L. and Lane, R.S., 2015.Duty of Loyalty(Vol. 1). Liability of Corporate Officers and Directors. Land, A.L. and Saunders, R.S., 2014.Folk on the Delaware General Corporation Law: Fundamentals. Aspen Publishers Online. Prashker, L., 2014. Corporation Law for Officers and Directors (Book Note). Stout, L.A., Rob, J.P., Ireland, P., Deakin, S., Greenfield, K., Johnston, A., Schepel, H., Blair, M.M., Talbot, L.E., Dignam, A.J. and Dine, J., 2016. The Modern Corporation Statement on Company Law. Tewari, S.P., 2015. Directors Fiduciary Duty not to make Secret Gains. Welch, E.P., Saunders, R.S., Land, A.L., Voss, J.C. and Turezyn, A.J., 2015.Folk on the Delaware General Corporation Law: Fundamentals. Wolters Kluwer Law Business.