Topic: Doctrine of Ultra Vires
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What is the Ultra vires Doctrine?
what is the ultra vires doctrine? 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 contexts. Corpora... Read More »
Source: http://wiki.answers.com/Q/Ultra_vires_doctrine_in_common_law
What is the doctrine of ultra vires visavis section 39 of the CAM...
Ultra vires literarily means beyond legal capacity. In legal parlance, the concept is a common law doctine which means that a company which becomes a legal personality by virtue of its incorporation cannot carry on business beyond the objec... Read More »
Source: http://wiki.answers.com/Q/What_is_the_doctrine_of_ultra_vires_vis...
What do you think whats doctrine of Ultra Vires?
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... Read More »
Source: http://wiki.answers.com/Q/What_do_you_think_whats_doctrine_of_Ult...
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Doctrine of Ultra Vires
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It's much less of an issue now, but it used to be that companies had a set remit of what they could do. If a director acted outside this, it was ultra vires.
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Source: http://answers.yahoo.com/question/index?qid=20100208073154AAGBAdn
ultra vires (latin) refers to acting beyond one's powers i.e. with regard to what is provided for by law. delegated statutes for example are expected to be set within the constraints of the country's constitution. any by- laws that exceed t...
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Source: http://wiki.answers.com/Q/What_is_the_ultra_vires_rule
I'm not sure what you mean by use of the word 'applicable" in the context of lifting the veil but here's my take on what I think you mean ... "Lifting the veil" is not so much a matter of applicability as it is a matter of "strategy" in goi...
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Source: http://answers.yahoo.com/question/index?qid=20120316081621AACvjbA
actions of a corporation that are not authorized by its charter and that may therefore lead to shareholder or third-party suits. See also articles of incorporation .
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Source: http://www.answers.com/topic/ultra-vires-activities
Actions beyond the powers of a corporation, as stated in its charter, or the laws of the state where it is incorporated. These acts are not defensible in a court of law, leaving a corporation open to shareholder and third party lawsuits. Br...
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Source: http://www.answers.com/topic/ultra-vires-acts
(The Latin phrase "ultra vires" is a legal term meaning "beyond the powers.") The Supreme Court originally found federal school gun laws to be unconstitutional as an ultra vires intrusion on state sovereignty. A corporation set up to benefi...
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Source: http://wiki.answers.com/Q/What_is_a_sentence_using_ultra_vires