Name the organisation formed by passsing a special act
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Explanation:
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. The doctrine of indoor management evolved around 150 years ago in the context of the doctrine of constructive notice.
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Statutory corporation :
Statutory corporation is the organisation which is formed by passing a special act of parliament or state and government company.
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