objects clause การใช้

• The profits were distributed to charitable and cultural projects in accordance with the society s objects clause.
• Historically, a company's memorandum of association contained an objects clause, which limited its capacity to act.
• Many ECM-verbs allow the same meaning to be expressed with a full object clause ( a finite clause ), e . g .:
• When the first limited companies were incorporated, the objects clause had to be widely drafted so as not to restrict the board of directors in their day to day trading.
• Furthermore, any limits a company does have in its objects clause has no effect whatsoever for people outside a company ( s 39 CA 2006 ), except as a general issue of authority of the company's agents.
• ""'Cotman v Brougham " "'[ 1918 ] AC 514 is UK company law case concerning the objects clause of a company, and the problems involving the " ultra vires " doctrine.
• In corporate law, " ultra vires " describes acts attempted by a corporation that are beyond the scope of powers granted by the corporation's objects clause, articles of incorporation or in a clause in its Bylaws, in the laws authorizing a corporation's formation, or similar founding documents.
• Companies were also significantly limited in the range of contracts they could bind themselves to under their objects clause, until reform in the Companies Act 1989 . If the directors, or the officers of a company enter an agreement with another person or business, and that agreement is beyond the list of business tasks set under the company's constitution, then the contract will be invalid if the third party in bad faith has knowingly taken advantage of the company.