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Doctrine of Ultra Vires in Company Law

Definition of Ultra Vires The term “Ultra Vires” originated from a Latin phrase meaning “beyond the power.” Actions beyond the corporate charter’s ambit or most appropriately beyond the predetermined power could be cited as ultra vires. Ultra vires acts shall …

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What Is Corporate Social Responsibility [CSR]?

INTRODUCTION In the corporate world before some amendments took place, one might think that corporations reflect the light only on economic factor but it is not true the performance of corporations reflect the light not only on economic factor but …

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Winding Up Of A Company Directed By Court

INTRODUCTION The process of a company’s dissolution is called winding up of a company. It is a process in which a company’s assets are collected and then sold in order to clear its debts. The company ceases to do its …

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Rule Of Constructive Notice And Their Exceptions

Introduction When we study Company Law, one of the most important principles that come our way is the doctrine of Constructive Notice. The doctrine of Constructive Notice implies that the Article of Association is notable by an outsider who seeks …

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What Is A Company? Describe The Features Of A Company.

The word ‘Company’ is derived from the Latin word ‘Com means with or together’ and ‘Panis means bread’. It originally remarked to an association of person who took their meals along. The word ‘Company’ has no strictly, technical or legal …

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