Answer-(PYQ) Under the Companies Act, 2013, 'Ultra Vires' acts of a company are:

The Doctrine of Ultra Vires implies that any act done by a company which is beyond the powers conferred upon it by its Memorandum of Association is void and has no legal effect. It cannot be ratified by the shareholders.

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Q Under the Companies Act, 2013, "Ultra Vires" acts of a company are:

A Voidable at the option of directors

B Valid if ratified by shareholders

C Void and cannot be ratified even by unanimous consent

D Valid if approved by the NCLT

E Valid if they are for the benefit of the company

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