Legal Articles DOCTRINE OF ULTRA VIRES-EFFECTS AND EXCEPTIONS November 28, 2013 by Legal India Admin | 1 Comment on DOCTRINE OF ULTRA VIRES-EFFECTS AND EXCEPTIONS DOCTRINE OF ULTRA VIRES-EFFECTS AND EXCEPTIONS (Author : Advocate Geetika Jain) CONCEPT The object clause of the Memorandum of the company contains the object for which the company is formed. An act of the company must not be beyond the objects clause, otherwise it will be ultravires and, therefore, void and cannot be ratified even […] Read more » Ashtray RailwayCarriage and Iron Company Ltd case of Jahangir R. Mod i v. ShamjiLadhaand Companies Act 1862 doctrine of ultra vires DOCTRINE OF ULTRA VIRES-EFFECTS section 3.04(a) of the Revised Model Business Corporation Act