Functions of the Board of Directors in a Company

This article explains in detail the functions of the Board of Directors under the Companies Act, 2013 Act and how these functions are performed. The article also gives a background of the meaning and types of directors in a nutshell. Various committees formed to fulfil functions of the Board are also discsed by the author.

Doctrine of Ultra Vires under Company Law

This article analyses the applicability and origin of the doctrine of ultra vires in different countries. The author has discussed a number of cases to explain the nuances of the doctrine. To form the basis of the doctrine, the purpose and interpretation of the object clause is also analysed in great detail. In India the doctrine has been incorporated under Section 10 of the Companies Act, 2013, and as per the Section, a company or its controllers cannot go beyond the capacity of the company as enumerated in the objects clause of the MoA.