ClauseIQ - Compliance Co-Pilot

Reviews company constitutions against Corporations Act requirements and best practices.

CONST-001 Replaceable rules not displaced — default Corporations Act provisions apply

CONST-002 Director appointment/removal mechanism missing or inadequate

CONST-003 Officer indemnity clause missing or non-compliant with s199A limitations

CONST-004 Share transfer restrictions and pre-emption rights

CONST-005 Constitution inconsistent with actual share structure

CONST-006 Winding up and surplus distribution provisions missing

CONST-007 Dividend provisions not aligned with s254T (profits test)

CONST-008 Meeting provisions do not permit virtual/hybrid meetings

CONST-009 Constitution attempts to modify non-excludable directors' duties

CONST-010 Material deviations from ASIC model constitution

CONST-011 Small proprietary company — missing exemption utilisation

CONST-012 No power to issue preference shares

CONST-013 Related party transaction provisions inadequate

CONST-014 Quorum provisions missing or impractical

CONST-015 Chair casting vote provisions

CONST-016 Share forfeiture provisions non-compliant or missing

CONST-017 Proportional takeover approval clause missing or expired

CONST-018 Constitution contains outdated Memorandum & Articles of Association references

CONST-019 Director conflict of interest disclosure and voting provisions

CONST-020 Share buyback authority and restrictions

Compliance Lenses