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Role of doctrine of ultra vires is

The role of the doctrine of ultra vires is "to confine corporate action within fixed limits." set by the company's memorandum of association; acts beyond those objects are…

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Role of doctrine of ultra vires is

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The role of the doctrine of ultra vires is "to confine corporate action within fixed limits." set by the company's memorandum of association; acts beyond those objects are void and unenforceable.

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