The Continued Role of the Common Law Indoor Management Rule Due Inquiry Exception

  • David Morrison

Abstract

The purpose of this paper is to consider the extent to which the common law Indoor Management Rule due inquiry exception applies in transactions ex post the introduction of s.l64(4)(b) of the Corporations Law. The paper will briefly outline the development of the indoor management rule within the Australian jurisdiction and consider the application of significant recent cases relevant to the due inquiry exception. The paper concludes with the view that 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.
Published
Oct 30, 1996
How to Cite
MORRISON, David. The Continued Role of the Common Law Indoor Management Rule Due Inquiry Exception. QUT Law Review, [S.l.], v. 12, p. 28-40, oct. 1996. ISSN 2201-7275. Available at: <https://lr.law.qut.edu.au/article/view/409>. Date accessed: 01 feb. 2021. doi: https://doi.org/10.5204/qutlr.v12i0.409.
Section
Articles - General Issue
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