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Doctrine of Ultra Vires Doctrine of Constructive Notice Doctrine of Indoor Management
Doctrine of Ultra Vires Doctrine of Constructive Notice Doctrine of Indoor Management
BY
NAVEEN DAS
MEANING OF DOCTRINE
• Doctrine(Latin: doctrina):
A set of beliefs or principles held and taught
by a religious, political, or other group.
• Legal Usage:
A legal doctrine is a body of inter-related rules
(usually of common law and built over a long
period of time) associated with a legal concept
or principle.
DOCTRINE OF ULTRA VIRES
MEMORANDUM OF ASSOCIATION
(MOA)
• The MOA of a company is its Charter
• Contains fundamental conditions upon which
alone the company can be incorporated
• Tells the objects of the company
• Defines the utmost possible scope of the
company’s operations
MOA In a Nutshell
• It’s a document which defines and confines
the powers of the company
• If anything is done beyond those powers, that
will be ultra vires
ORIGIN OF DOCTRINE OF ULTRA VIRES