L.L.M (Master Of Laws) PU-CET P.G 2017 Panjab University Entrance Exam With Answers

Practice Mode:
52.

Find the incorrect statement:

A: Doctrine of Ultra Vires protects the outsider for the acts of the company not mentioned in the object clause
B: Doctrine of Constructive Notice implies that person’s dealing with company have knowledge about Articles of Association and Memorandum of Association of company
C: Doctrine of Indoor Management is an exception to Doctrine of Constructive Notice
D: Doctrine of Lifting the corporate veil, the law does not go behind the mask or veil of corporation in order to determine the real person behind the mask of company

The answer is: D