The objective for the formation of the company is stated in the Objects clause. A firm is acting ultra varies or beyond its powers if the firm’s activities breaches this clause.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The objective for the formation of the company is stated in the Objects clause. A firm is acting ultra varies or beyond its powers if the firm’s activities breaches this clause.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
Powered by Black’s Law Dictionary, Free 2nd ed., and The Law Dictionary.