A member asked
almost 9 years ago
Ultra vires definition
What does 'ultra vires' mean with respect to a company constitution?
Director (Principal Solicitor) at Lawyers and Legal Services Sydney Pty Limited
Ultra vires is a latin phrase whichmeans 'beyond power'. In relation to a company constitutionit usually would mean that the officers of the company are acting in a manner that exceeds the powers given to them by the company constitution.
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Director (Principal Solicitor) at Lawyers and Legal Services Sydney Pty Limited
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