Ultra vires - Wikipedia, the free encyclopedia
Ultra vires is a Latin phrase that literally means "beyond the powers". Its inverse is called intra vires , meaning "within the powers". It is used as a legal term in a number of common law c...
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Over time a body of principles developed that prevented the application of the ultra vires doctrine. These principles included the ability of shareholders to ratify an ultra vires transaction;
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The acceptance of such a clause may be taken to mean the death of ultra vires doctrine because a clause of this kind does not state any objects but leave the objects to be determined by the bona fide opinion of the board of directors.
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Doctrine of the ultra-vires Any transaction which is outside the scope of the powers specified in the objects clause of the MA and are not reasonable incidentally or necessary to the attainment of objects is ultra-vires the company and ther...
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Law and Legal Issues question: What is the Ultra vires Doctrine? what is the ultra vires doctrine? ... Answers.com > Wiki Answers > Categories > Law and Legal Issues > What is the Ultra vires Doctrine?
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(that) in such circumstances, if the corporation exceeds its power it commits a punishable offense against the sovereignty of the people, but cannot itself invoke the doctrine of ultra vires to avoid its act, at the same time inflicting a grievous wrong upon the one who has in good faith relied upon the assumption that...
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Stephen Griffin describes the ultra vires doctrine (pre-reform) as a "regulatory device which sought to prevent a registered company from entering into any type of transaction which exceeded the scope of the company's contractual capacity;
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Get Free Coursework: Is the ultra-vires doctrine the best justification for judicial review? ... or (ii) a decision, action or failure to act in relation to the exercise of a public function."1 Historically, the basis of the courts' intervention was the 'ultra vires' doctrine.
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The rules determining the legal effect of such contracts are grouped under the general head of the doctrine of ultra vires. This term means "beyond the powers" of the corporation;
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