Under the Companies Act 2013, which of the following statement is true about the Doctrine of Indoor…
The doctrine of indoor management permits outsiders dealing with a company to assume that its internal procedures have been properly followed. It protects an outsider acting…
Choose your answer
Under the Companies Act 2013, which of the following statement is true about the Doctrine of Indoor Management ?
Answer and explanation
Correct answer D
The doctrine of indoor management permits outsiders dealing with a company to assume that its internal procedures have been properly followed. It protects an outsider acting in good faith from undisclosed internal irregularities, subject to recognised exceptions such as knowledge of the irregularity.
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