Question

Explain briefly the doctrine of indoor management.

Answer 1

In simple words, the doctrine of indoor management means that a company's indoor affairs are the company's problem. Therefore, this rule of indoor management is important to people dealing with a company through its directors or other persons.

Answer 2

$\huge{\underline {\underline {\red{Answer}}}}$

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.

$<font color = "red"><marquee>❤❤❤Thanks❤❤❤</marquee> </font>$