Doctrine Of Ultravires, Indoor Management And Constructive Notice

Taxblock , Last updated: 24 November 2021
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DOCTRINE OF ULTRAVIRES In the case of a company objects or powers which is not stated in the memorandum is prohibited by the doctrine of ultra vires. As a result, an act which is ultra vires is void and it shall not bind the company. Neither the company nor the party to the contract can su

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