Royal British Bank V Turquand
''Royal British Bank v Turquand'' (1856) 6 E&B 327 is a UK company law case that held people transacting with companies are entitled to assume that internal company rules are complied with, even if they are not. This "indoor management rule" or the "Rule in Turquand's Case" is applicable in most of the common law world. It originally mitigated the harshness of the constructive notice doctrine, and in the UK it is now supplemented by the Companies Act 2006 sections 39-41. Facts Mr Turquand was the official manager (liquidator) of the insolvent Cameron's Coalbrook Steam, Coal and Swansea and Loughor Railway Company. It was incorporated under the Joint Stock Companies Act 1844. The company had given a bond for £2,000 to the Royal British Bank, which secured the company's drawings on its current account. The bond was under the company's seal, signed by two directors and the secretary. When the company was sued, it alleged that under its registered deed of settlement (the articles o ...
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John Jervis (judge)
Sir John Jervis, Her Majesty's Most Honourable Privy Council, PC (12 January 1802 – 1 November 1856) was an English lawyer, law reformer and Attorney General of England and Wales, Attorney General in the administration of Lord John Russell. He subsequently became a judge and enjoyed a career as a robust but intelligent and innovative jurist, a career cut short by his early and sudden death. Early life The son of Thomas Jervis (judge), Thomas Jervis, he was educated at Westminster School and Trinity College, Cambridge, though he did not graduate, apparently preferring to take a commission as an officer (armed forces), officer in the British Army. However, after two years he returned to study law being called to the bar by the Middle Temple in 1824.Getzler (2004) Jervis followed his father onto the Oxford circuit and the Chester and north Wales circuit and built a substantial practice, being appointed a postman (law), postman of the Exchequer of pleas, Court of Exchequer. He was ...
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