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CA Foundation doubt

Guys isme har jagha likha hai ke contract valid nahi hoga due to ultra vires the MOA but mujhe samajh nahi Aa raha ke yaha to saaf saaf likha hai ke he was authorised to carry on any other beneficial

Image attached to the doubt: Guys isme har jagha likha hai ke contract valid nahi hoga due to ultra vires…

Asked by Nandan3 Dec 2024604 views

2 answers

  1. Satyajit.Behera · 3 Dec 2024

    Actual concept if such a business is for the benefit of a company then BOD can alter the object clause then and after that If contract is made will considered as valid unless void.

  2. Satyajit.Behera · 3 Dec 2024

    Hii bro this concept is not in our syllabus if this question comes in foundation then we define what is moa and explain any contract beyond the power is void. Because this is not in our syllabus

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