An act done by a company beyond its objects clause is described as:
AUltra vires
BIntra vires
CBona fide
DSub judice
Answer & Solution
Correct answer: A. Ultra vires
An act requiring legal authority but done without it, such as beyond the objects clause, is ultra vires.
Keep practising Companies Act 2013
Browse all Companies Act 2013 questions for CA Foundation, or explore more Businesslaw topics.
Related questions
Which committee's recommendation led to setting up the NCLT?Members alleging oppression of members apply under Section 241 to the:Which section made CSR spending mandatory for large companies?Related party contracts need the consent of the:Before appointment, an auditor must give the company his:CSR activities are specified in which Schedule of the Act?A company covered by Section 135 must spend what share of average net profits on CSR?Dividend for a financial year may be declared out of profits arrived at after providing fo