The rule of constructive notice is not concern to the indoor management of the company. The outsider who contracts with company will not be liable for any internal conduct of company. This rule is known as doctrine of indoor management. This was laid down in the case of
1
Emma Silver Mining Co. v. Lewis
2
Fedral Bank Ltd. v. Sarala Devi Rathi
3
Royal British Bank v. Turquand
4
Shanti Prasad v. Kalinga Tubes