ultra vires Flashcards

1
Q

Ultra vires

lc

rule of thumb

provision

exception (2 cases

provision: 2010

gratuitous: 3 cases

consequences: 9

A

ashbury railway carriage

not illegal but void

provision rule 43 of the companies relugation: to disclose amount of 100,000
exception: AG V great eastern railway (incidental) includes winding up but not power to borrow!! (re german date coffee)

2010: s.28

G: hutton v west cork////// re lee berlhens ( 3 exceptions)////// cons (simpson v westminister

consequences: 2 cases
- Simpson v westminister
- re lands allotment

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2
Q

indoor management rule
lc

deviation from:

prov; 2 of them and 1 CASE

A

royal bank v turquand

the doctrine of constructive/ presumption of regularity

s.33 and 34 (binding if the power of director is done in good faith ) use the case of re lands allotment

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