Companies Act, 2013

Corporate & Other Laws

An act which is ultravires the directors, but intravires the company can be ratified by special resolution or ordinary resoultion?

Sibi Srinivasan

CA Final

★ 22K+

25-Sep-21 11:34

543

Answers (2)

This basically means an act which is beyond the powers of directors but within the power of company can be ratified(i.e) made valid by passing a special resolution or ordinary resolution as the case may be.

Ashlesha Atal

Faculty

25-Sep-21 12:03

Ok mam tq

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

25-Sep-21 14:23