In which of the following case it was held that if a company pursues objects beyond the scope of the memorandum of association, the company's actions are ultra vires and void?
Facts: Ashbury Railway Carriage and Iron Company Ltd’s memorandum stated that its objects were "to make and sell, or lend on hire, railway-carriages…" and that the activities beyond this needed a special resolution. But the company agreed to give Riche and his brother a loan to build a railway in Belgium. Later, the company repudiated the agreement. Riche sued, and the company pleaded that the action was ultra vires.
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Given below are four jumbled sentences .Select the option that gives their correct order forming a meaningful and coherent paragraph.
A-That is...
Bitcoin itself may, of course, be a speculative bubble; its price is up more than 750% in the past year, and such moves should give anyone pause. That ...
P: A certain moral code of conduct is ultimately necessary to ensure that the society does not fall prey to degeneration of values, which would lead to ...
Sentences of a paragraph are given below in jumbled order. Arrange the sentences in the correct order to form a meaningful and coherent paragraph.
...The growing concern over climate change has led to global efforts to electrify the transportation sector. In parallel, cost of Li-ion (Lithium-ion) bat...
Five statements are given below labelled 1, 2, 3, 4 and 5. Among these, four statements are in a logical order and form a coherent paragraph/passage. F...
Five statements are given below labelled 1, 2, 3, 4 and 5. Among these, four statements are in a logical order and form a coherent paragraph/passage. F...
1) Let your actions not beg for happiness.
2) When you beg for happiness, you position happiness in the future. Life happens in the present.
...P: He wanted to do something to deliver the humanity from all such misery. He reflected on this problem for long.
Q: Siddhartha was greatly touch...
