THE DOCTRINE OF ULTRA VIRES IN COMPANY LAW The intra vires - TopicsExpress

THE DOCTRINE OF ULTRA VIRES IN COMPANY LAW The intra vires creditor does not have the locus standi to prohibit ultra vires actions. Again there is the presumption of knowledge of a companys documents and activities. In spite of the fact that the doctrine of ultra vires is over due for reform, it has not undergone any reform in Kenya unlike in the United Kingdom where it has been severely eroded. ow.ly/spyw6

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