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Australia chapter iiikable principlejudicial independence

Forge v ASIC (Indoor Management)

[2006] HCA 44
JurisdictionAustralia
CourtHigh Court of Australia
Year2006
StatusBinding authority

Key Principle

Acts done by a defectively appointed director are valid under the s.129 indoor management rule, protecting third parties dealing in good faith.

Area of Law

company

Related Cases

Shafron v Australian Securities and Investments Commission (2012) 247 CLR 465
Bell Group Ltd (in liq) v Westpac Banking Corporation [2012] WASCA 157
Barclay v Penberthy (2012) 246 CLR 258

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