Doctrine of internal Management.

exception to internal management doctrine.

Forgery .. Co. articles states that if co. get a loan then there must be signature of atleast 2 directors on loan agreement. One director forged the signature of other and made a deal of loan.. So there's a forgery and the contract is invalid.. and Lender cannot avail the benefit of doctrine of internal management. right?

here we assume that lender had no knowledge of forgery thing

but if lender knew everything about the forgery and he gave loan even after that.. will he be able to recover his money back???
Replies (1)
No. if the lender is cognisant of the fact, he won't be able to recover his money back.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details