15. Doctrine of Constructive Notice & Indoor Management.docx

Further there is a constructive notice not merely of

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Further, there is a constructive notice not merely of the memorandum and articles, but also of all the documents, such as special resolutions [S. 117] and particulars of charges [S. 77] which are required by the Act to be registered with the Registrar. Therefore, persons dealing with company should check with the Registrar of Companies who its directors, mangers and secretaries are at given time. Oakbank Oil Co. v. Crum (1882 8 A.C.65). ROC is a Public Office MOA and AOA become public documents after registration of a Company. Thus, Memorandum and Article s of a company are presumed to be notice to the public Such a notice is called ‘Constructive notice’. It is taken for granted that everyone who deals with the company knows of these documents. It has been held that anyone dealing with the Company is presumed not only to have read the memorandum and Article s, but understood them properly. Legal effect: If a person’s deals with a company in a manner which is inconsistent with the provisions contained in MOA and AOA he does so
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern