2021819 · The decision on the Court of Appeal in principle is a departure from a settled common law principle; ‘the indoor management rule’ that was long settled in the case of Mahony v East Holyford Mining Co(1875) LR 7 HL 869 by the House of Lords.
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201986 · The rule of constructive notice was laid down by the House of Lords in Ernest v. Nicholls and was further explained by House of Lords in Mahony v. East Holyford Mining Co case. Lord Wensleydale in Ernest case took the view that the rules of partnership would apply in the absence of the doctrine of constructive liability.
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20211117 · Mahony v East Holyford Mining Co (1844-45) Held that the official liquidator could not recover from the bankers the amount of the cheques which, under the circumstances disclosed in this case, they had bone fide paid. Were those who draw and those who honour cheques, intended them to operate on a certain account, no objection …
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1 · The doctrine gained further affirmation in the case of Mahony v East Holyford Mining Co. in 1875. In this instance, a cheque was signed by directors and a secretary who were improperly appointed. The House of Lords ruled that the recipient of such a cheque was entitled to the amount, emphasizing that internal management matters should not be a ...
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2022629 · Clause 2 in the articles of association authorized the directors to adopt a contract made by Wall and Hoare for the purchase of a certain mine called the East Holyford Mine, "situate in the parish of Clonalty, barony of Kilnernaugh, and county of Tipperary, and all right and interest of the lease in the said mine for the sum of £10,000."
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The doctrine of indoor management, as established in Mahony v East Holyford Mining (1875), refers to the principle that protects third parties who have entered into transactions with a company in good faith and without knowledge of any irregularities in the company's internal affairs. The doctrine allows third parties to rely on the apparent authority of …
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2014430 · “ Counsel for the Plaintiffs relied on broad statements, in Kreditbank Cassel v Schenkers in particular, that a forged document is null and void. In that case Bankes LJ said ([1927] 1 KB 835): ... ‘To mere irregularities the principle of [Mahony v. East Holyford Mining Co.] no doubt applies, but it has never been extended to forgery, a ...
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Absence of formal authorization (Royal British Bank v Turquand (1843-60)) B. Irregular authorization (County of Gloucester Bank v Rudry Merthyr Steam and House Coal Colliery Company (1895)) C. Irregular appointment (Mahony v East Holyford Mining Co. Ltd
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2023523 · This rule was further confirmed by the House of Lords of Mahoney V East Hollyford Mining Company [1875] LR 7 HL 869. 6. In this case, the company’s Articles of Incorporation stipulated that the check he had to be signed by two directors and countersigned by the secretary. ... The above opinion in the Senate case in Mahony V …
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