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The Doctrine of Ultra Vires pertains to which of the following clauses in a company’s Memorandum of Association ?
Name clause
Subscription clause
Situation clause
Objects clause
Let’s break it down:
- Name clause: This just states the company’s legal name. The doctrine of ultra vires isn’t about your name.
- Subscription clause: This names the initial subscribers (first members). It’s administrative, not about what the company can or cannot do.
- Situation clause: This just pinpoints the company’s registered office address. Again, not related to “ultra vires.”
- Objects clause: Here’s the heart of it. The doctrine of ultra vires means a company can’t step outside what’s laid out in its objects clause. If a company acts beyond it, that act is ultra vires—beyond its legal power.
By: Rohit Middha ProfileResourcesReport error
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