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An act is said to be ultra vires of a company when it is beyond the powers

An act is ultra vires the company when it goes beyond the powers and objects conferred on the company itself by its Memorandum of Association, as in Ashbury Railway Carriage…

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An act is said to be ultra vires of a company when it is beyond the powers

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An act is ultra vires the company when it goes beyond the powers and objects conferred on the company itself by its Memorandum of Association, as in Ashbury Railway Carriage Co. v. Riche, which is distinct from an act merely beyond the directors' own authority within the company's powers.

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