📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      The doctrine of 'Ultra Vires' is applicable

      to:
      A Partnership firms Correct Answer Incorrect Answer
      B Sole proprietorships Correct Answer Incorrect Answer
      C Companies Correct Answer Incorrect Answer
      D Hindu Undivided Families Correct Answer Incorrect Answer
      E All business entities Correct Answer Incorrect Answer

      Solution

      The doctrine of "Ultra Vires" (beyond powers) applies to companies that act outside the scope of the powers defined in their Memorandum of Association.

      Practice Next
      ask-question