INFO 162
Disputes between officeholders and/or members of small proprietary companies
This is Information Sheet 162 (INFO 162). What are disputes about the running of companies?.
In plain English
INFO 162 explains how to handle disagreements between company directors, secretaries, or shareholders in small companies.
INFO 162 from ASIC provides guidance on resolving disputes within small proprietary companies. It applies to directors, secretaries, and members. The guidance outlines steps for resolving disagreements, including negotiation and mediation. It does not provide legal advice. This information sheet was last updated in December 2023.
Why it matters
Disputes can disrupt a small business. This guidance helps directors and shareholders find solutions without escalating issues to the courts, saving time and money.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/about-asic/contact-us/reporting-misconduct-to-asic/disputes-between-officeholders-and-or-members-of-small-proprietary-companies/. Rules Mate indexes + summarises; always verify against the regulator's live publication.