Doctrine Of Ultra Vires Meaning In Gujarati
An act ultra vires the company cannot be ratified even by the unanimous consent of all shareholders.
Doctrine of ultra vires meaning in gujarati. 1785 1795 latin beyond strength ultra vires doctrine. It is the most authentic shabdkosh in english to gujarati dictionary. What is the meaning of ultra vires in gujarati ultra vires eng to guj meaning find ultra vires eng to guj meaning in gujarati dictionary find english to gujarati meaning and proverbs meaning. Summing up the doctrine of ultra vires.
The memorandum of association contains the permitted range of activities in its objects clause and a company cannot practice any other activity which is not defined under the scope of objectives mentioned in the memorandum any activity done out of the purview of the memorandum. Definition of ultra vires. Indian legal system civil laws company law the doctrine of ultra vires anything which is beyond the authority or power is called ultra vires. Hence it is null and void.
An act legal in itself but not authorized by the object clause of the memorandum of association of a company or statute is ultra vires the company. The doctrine of ultra vires is associated with actions taken by an individual in relation to a corporation or company. Since the application of the european community law in england the doctrine of ultra vires stand restricted to a certain extent in india the original of the doctrine dates back to 1866 when the bombay high court applied it to a joint stock.