Doctrine Of Ultra Vires Meaning In Marathi
1785 1795 latin beyond strength ultra vires doctrine.
Doctrine of ultra vires meaning in marathi. Meaning of doctrine of ultra vires. Definition of ultra vires. Know the answer of what is the meaning of ultra vires in hindi. Effects of ultra vires transactions doctrine of ultra vires.
These acts are not binding on the company. Neither the company can sue nor it can be sued for such acts ashbury railway carriage and iron company v. In this case the directors of the company i e ashbury railway carriage iron co. Hence it is null and void.
Ltd entered into a contract with mr riche for providing finance for the construction of railway line in belgium. An act legal in itself but not authorized by the object clause of the memorandum of association of a company or statute is ultra vires the company. Summing up the doctrine of ultra vires. Intra vires marathi translation of intra vires marathi meaning of intra vires what is intra vires in marathi dictionary intra vires related marathi मर ठ words.
The doctrine of ultra vires is associated with actions taken by an individual in relation to a corporation or company. Acts that are intra vires may equivalently be termed valid and those that are ultra vires termed invalid. Ultra vires marathi translation of ultra vires marathi meaning of ultra vires what is ultra vires in marathi dictionary ultra vires related marathi मर ठ words. Beyond one s legal power or authority.
Dictionary hindi english marathi tamil telugu malayalam learn. The memorandum of association contains the permitted range of activities in its objects clause and a company cannot practice any other activity which is not defined under the scope of objectives mentioned in the memorandum any activity done out of the purview of the memorandum. The doctrine of ultra vires applies to the memorandum of association of a company. An act ultra vires the company cannot be ratified even by the unanimous consent of all shareholders.
Its opposite an act done under proper authority is intra vires within the powers. The doctrine of ultra vires however has its genesis in the english case of ashbury railway carriage and iron company ltd vs riche. Ultra vires meaning in hindi.