Doctrine of Indoor Management/ Turquand Rule.
This Article has been written by Manas Rajdeep, a student at Amity University Lucknow. The Indoor Management Doctrine, also known as the Turquand Rule, is a 150-year-old concept that protects outsiders from corporate behaviour. Those who enter contracts with us must ensure that their transactions are authorized by our Articles of Incorporation and Memorandum of Understanding.…