Corporations Act 2001

CHAPTER 2F - MEMBERS' RIGHTS AND REMEDIES  

SECTION 231  

231   MEMBERSHIP OF A COMPANY  
A person is a member of a company if they:


(a) are a member of the company on its registration; or


(b) agree to become a member of the company after its registration and their name is entered on the register of members; or


(c) become a member of the company under section 167 (membership arising from conversion of a company from one limited by guarantee to one limited by shares).

PART 2F.4 - PROCEEDINGS AGAINST A COMPANY BY MEMBERS AND OTHERS  

SECTION 247E  

247E   SHAREHOLDING DOES NOT PREVENT COMPENSATION CLAIM  


A person is not prevented from obtaining damages or other compensation from a company only because the person:


(a) holds, or has held, shares in the company; or


(b) has subscribed for shares in the company; or


(c) has a right to be included in the register that the company maintains under section 169.