DOCTRINE OF CONSTRUCTIVE NOTICE
.
Memorandum of association and article of association of
every company are required to be registered with the register of company. The office
of registrar is a public office and consequently the memorandum of association
on registration these document become public document these documents are
available for public inspection either in the office of the company or in the
office of the registrar of company an payment of normal fees for inspection.
Every
one dealing with the company, whether a shareholder or an outsider is presumed
to have read the two documents. He will presume to know the concepts of these
documents. This is known as “DOCTRINE
OF CONSTRUCTIVE NOTICE”
No comments:
Post a Comment