ultra vires Flashcards
Ultra vires
lc
rule of thumb
provision
exception (2 cases
provision: 2010
gratuitous: 3 cases
consequences: 9
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
indoor management rule
lc
deviation from:
prov; 2 of them and 1 CASE
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