As the answers to those simple questions may incriminate certain officers, they may be too busy working on some contingency plans. I heard the Cayman Islands is quite nice this time of the year and only 16 COVID cases reported.
This is from the ASIC website regarding directors duties:
make the decision in good faith and for a proper purpose
do not have a material personal interest in the decision and make it in the best interests of the company
find out and assess how any decision will affect your company’s business performance, especially if it involves a lot of the company’s money or could have a material impact on the company's reputation
keep informed about your company’s financial position and performance, ensuring your company can pay its debts on time
get trusted professional advice when you need assistance to make an informed decision
make full and frank disclosure about any material personal interests you do have
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Ann: Preliminary Final Report, page-19
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