principle of indoor managment


This query is : Resolved 

04 August 2009 is there any section for indoor mangment
as it is there for doctrine of constructive notice

and,if any section is there

so who will win as they are contradectary to each other

04 August 2009 Hi,


No. There is no section for indoor management in the companies act, 1956.

In my opinion they are not contradictory to each other as indoor management protects the third party against the internal matters of the company.

Whereas doctrine of constructive notice is a kind of general notice that MOA & AOA are public documents. This is also for the advantage of public. Moreover area of operation og both the doctrine is different.

Regards

04 August 2009 Hi,


No. There is no section for indoor management in the companies act, 1956.

In my opinion they are not contradictory to each other as indoor management protects the third party against the internal matters of the company.

Whereas doctrine of constructive notice is a kind of general notice that MOA & AOA are public documents. This is also for the advantage of public. Moreover area of operation og both the doctrine is different.

Regards


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