The only people who have standing to seek an injunction under section 1324 are ASIC and any person whose interest have been or would be affected by conduct that contravenes the Corporations Act 2001 (Cth).

Question

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Section 1324 of the Corporations Act 2001 (Cth) allows both the Australian Securities and Investments Commission (ASIC) and any person whose interests have been, or would be, affected by conduct contravening the Act, to seek an injunction. This provision is designed to protect the interests of individuals or entities directly impacted by violations of the Act, as well as enabling ASIC to enforce compliance with the law.

The Only People Who Have Standing to Seek an Injunction