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About: Royal British Bank v Turquand     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Rule105846054, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatBaronBramwellCasesyago:WikicatCommonLawRulesyago:Abstraction100002137yago:Case107308889yago:Cognition100023271yago:Concept105835747yago:Content105809192yago:Event100029378yago:Happening107283608yago:Idea105833840yago:PsychologicalFeature100023100yago:YagoPermanentlyLocatedEntitySupreme Court of the United States caseyago:Rule105846054 New Facet based on Instances of this Class

Royal British Bank v Turquand (1856) 6 E&B 327 is a UK company law case that held people transacting with companies are entitled to assume that internal company rules are complied with, even if they are not. This "indoor management rule" or the "Rule in Turquand's Case" is applicable in most of the common law world. It originally mitigated the harshness of the constructive notice doctrine, and in the UK it is now supplemented by the Companies Act 2006 sections 39-41.