INFO 215
Companies limited by guarantee - Disputes about members' rights
This is Information Sheet 215 (INFO 215). It explains:.
In plain English
INFO 215 explains how to resolve disagreements about members' rights in companies limited by guarantee.
INFO 215, from ASIC, clarifies disputes about members' rights in companies limited by guarantee. It applies to company directors, members, and anyone involved in these companies. The guidance explains how to resolve disagreements, including considering the company's constitution and relevant legislation. It doesn't state a commencement or revision date.
Why it matters
If your company is limited by guarantee, understand members' rights. This guidance helps resolve disagreements fairly and avoid costly legal action. It supports good governance practices.
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/companies-limited-by-guarantee-disputes-about-members-rights/. Rules Mate indexes + summarises; always verify against the regulator's live publication.