Question:
Which of the following lays down that the affairs of the company are conducted perfectly consistent with the articles of association of the company, consequently the persons dealing with them are not to be affected by any irregularity which might have taken place in the management of the company?
Which of the following lays down that the affairs of the company are conducted perfectly consistent with the articles of association of the company, consequently the persons dealing with them are not to be affected by any irregularity which might have taken place in the management of the company?
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Indoor management doctrine = "outsiders are not affected by internal irregularities."
Updated On: Jan 17, 2026
- Doctrine of Indoor Management
- Doctrine of Lapse
- Doctrine of Constructive Notice
- Doctrine of Top Management
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The Correct Option is A
Solution and Explanation
Step 1: Understand the doctrine of indoor management.
- Protects outsiders dealing with the company from internal irregularities.
Step 2: Compare with other doctrines.
- Constructive notice protects the company, not outsiders.
- Lapse doctrine and Top management doctrine are not relevant here.
Step 3: Conclude.
- Doctrine of Indoor Management applies.
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