SUBMITTED BYARPIT VIHAN

ROLL NO. 32
5th SEM

ROUGH DRAFT
CORPORATE LAW- I

DOCTRINE OF INDOOR MANAGEMENT

INTRODUCTION
The doctrine of indoor management was evolved 150 years ago. It is also known as
Turquands rule. The role of doctrine of indoor management is opposed to of the role of
doctrine of constructive notice. The doctrine of constructive notice protects company against
outsiders whereas the doctrine of indoor management protects outsiders against the actions of
company. This doctrine also is a possible safeguard against the possibility of abusing the
doctrine of constructive notice.
According to this doctrine, persons dealing with the company need not inquire whether
internal proceedings relating to the contract are followed correctly, once they are satisfied that
the transaction is in accordance with the memorandum and articles of association.
Shareholders, for example, need not enquire whether the necessary meeting was convened
and held properly or whether necessary resolution was passed properly. They are entitled to
take it for granted that the company had gone through all these proceedings in a regular
manner.

The doctrine helps protect external members from the company and states that the people are
entitled to presume that internal proceedings are as per documents submitted with the
Registrar of Companies.1
OBJECTIVE
The objective of this study is to analyze and understand the basic idea behind the doctrine of
indoor management and also to understand the principle and purpose of this doctrine.

RESEARCH METHODOLOGY
The research method used in this research work is Doctrinal which involves study of various
aspects related to the doctrine of Indoor Management.

TENTATIVE CHAPTERIZATION

Acknowledgement
Introduction
Objective
Origin of the Doctrine
Establishment of the Doctrine
Case Study
Conclusion
Bibliography

REFERENCES

http://www.lawnotes.in/
http://www.legalserviceindia.com/
http://www.legalera.in/
Corporate law by Avtar Singh

1 < http://vakilsearch.com/blog/companies-act-doctrine-indoor-management>
accessed on 18 SEP 2015