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Law · Q22

Indian Companies Act

Graduate and Post Graduate · Law · question 22

Q22

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

A.
The activities should be confined within the objects as specified in the Memorandum of Association
Answer
B.
The members are not allowed to file a suit on behalf of the company
C.
Employees of the company must work during the office hours
D.
A contract in which directors commit breach of fiduciary duty

Answer: Option A

Solution

Answer: Option A
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