The purpose of this article is to review the present position with regard to the rule in Royal British Bank v Turquand (sometimes called the ’indoor management rule’) and sections 68A, 68C and 68D of the Companies Code in the light of a number of recent decisions, including one in the New South Wales Court of Appeal and one in the Federal Court of Australia.
Cain, T E.
"The Rule in British Bank v Turquand in 1989,"
Bond Law Review:
2, Article 8.
Available at: http://epublications.bond.edu.au/blr/vol1/iss2/8