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Doctrine of Ultra-Vires

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HomeBrud.gifCompany LawBrud.gifDoctrine of Ultra-Vires

The Object clause of the Memorandum of Association specifies the objects for which the company is formed. Thus, the acts of the company should be confined to the objects specified and in no circumstances, the company should go beyond them. Any act done by the company beyond the objects clause is void and utra vires and cannot be ratified even when all members of the company wishes to ratify it.

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