That's grand so, cheers Brian!

On Feb 10, 11:03 pm, "Brian Foley BL" <[email protected]> wrote:
> As far as I know, the Bill has been "shelved" for a bit (in a sense) and a
> researcher was hired to help iron out certain things.  I'm not expecting it
> to be enacted any-time soon.  The Bill basically says that a company has the
> same powers as a natural person - i.e. no more ultra vires, but when it
> comes into law, I don't know!
>
> -----Original Message-----
> From: [email protected]
>
> [mailto:[email protected]] On Behalf Of Mackey
> Sent: 10 February 2010 17:53
> To: FE-1 Study Group
> Subject: Company Law: Ultra Vires
>
> Hi all, hope the studying is going well. Was wondering if someone
> could please help me regarding the doctrine of ultra vires in light of
> the Companies Consolidation and Reform Bill (the more I read the more
> confused I become).
>
> Has the Bill been enacted? Has it abolished the ultra vires rule? And
> (most importantly!) if it has, does that mean ultra vires is unlikely
> to appear on the exam? I ask because I know that this has been a key
> area of interest for the examiner and appears to still be on the
> syllabus, but surely if it's been abolished it would either be off the
> table or at least change the "slant" of any potential question.
>
> If anyone could help clear this up for me I'd really appreciate it.
> Best of luck to everyone in the coming weeks.
>
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