Question

Doctrine of Indoor Management of Companies Act 2013 is in the favor of?

A Employees Correct Answer Incorrect Answer
B Directors Correct Answer Incorrect Answer
C Share holders Correct Answer Incorrect Answer
D External Stakeholders Correct Answer Incorrect Answer

Solution

Outsiders dealing with the company are not required to enquire into the internal management of the company. Outsiders dealing with the company are entitled to assume that as far as internal proceedings of the company are concerned, everything has been done regularly

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