Who are directors of company? What are their duties of directors under Australia Corporation Law?

Who are directors of company?What are their duties of directors under Australia Corporation Law?
• Give a short history of the evolution of director’s duties and responsibilities.
Please enumerate their duties and responsibilities today. Are their duties the same in proprietary companies and public companies?
• Explain the consequences should directors contravene the law and the remedies available.
• What do you see in the future direction of director’s duties in Australia?
• Please cite relevant case law and the statutes in your answer and provide proper references.

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