Doctrine of Indoor Management • In Mahony v East Holyford Mining (1875).
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The doctrine of indoor management, as established in Mahony v East Holyford Mining (1875), refers to the principle that protects third parties who have entered into transactions with a company in good faith and without knowledge of any irregularities in the company's internal affairs. The doctrine allows third parties to rely on the apparent authority of company officers, even if those officers have exceeded their actual authority. However, the doctrine is subject to certain limitations. Third parties must have acted reasonably, not just rationally or honestly, when relying on the appearance of authority . Additionally, the common law Indoor Management Rule operates in addition to the statutory Indoor Management Rule when considering transactions where an inquiry ought to have been made .
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28 Citations | The provided paper does not mention the "Doctrine of Indoor Management" or the case of Mahony v East Holyford Mining (1875). The paper is about the management of the indoor environment and the need for a top-down approach. |
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| The provided paper does not mention the case of Mahony v East Holyford Mining (1875) or the doctrine of indoor management. The paper discusses the teachings of management as a doctrine. |
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