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In what way the doctrine of ultra vires is applied to the companies?

The doctrine of ultra vires means "The activities should be confined within the objects as specified in the memorandum of association"; any act beyond those objects is void…

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In what way the doctrine of ultra vires is applied to the companies?

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The doctrine of ultra vires means "The activities should be confined within the objects as specified in the memorandum of association"; any act beyond those objects is void and cannot be enforced.

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