Doctrine of Ultra Vires: Meaning, Types, Effects, and Key Exceptions
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A private school — registered strictly to provide education — decides to open a commercial cinema hall on its campus. The management sees profit in it. Investors put money in. Construction begins. Then someone challenges it in court. The cinema gets shut…
Doctrine of Indoor Management and Its Exceptions: A Complete Guide for Law Students
Introduction When you enter into a contract with a company, you generally assume that the people signing on behalf of the company have the authority to do so. But what happens if the company later claims that its directors did not follow the proper…