When an act is performed or a transaction is carried out, which though legal in itself, is not authorized by the objects clause in the Memorandum or by Statute, it is said to be.

Related MCQs

• The most important clause in the Memorandum of Association of a company is.
• An act of a director which is intra vires the Memorandum and ultra vires the Articles of Association.
• Memorandum of Association does not include.
• Table…………..is for memorandum of association of a company limited by guarantee and not having a share capital.
• Mandatory requirements of the revised clause 49 of the listing agreement, requires that non- executive directors in the Board of Directors are not less than …………….. of the Board of Directors.
• Power to use official seal of the company outside India is to be authorized by.
• ……………..may appoint additional directors from time to time if so authorized by articles.
• The alteration of the Memorandum has to be certified by the Registrar.
• ……persons shall subscribe to the memorandum of a public company.
• The altered memorandum must be filed with the registrar within ………….months.