Reviewed case brief

Ashbury Railway Carriage & Iron Co v Riche

(1875) LR 7 HL 653

(1875) LR 7 HL 653 · House of Lords

ultra-viresmemorandumobjects-clausevoidratification
Court
House of Lords
Year
1875
Subjects
Company Law
Reviewed
2026-08-02

Rule established

An act beyond the objects clause of the memorandum is ultra vires the company, void ab initio, and incapable of ratification even by unanimous shareholders

Facts

    Issues

      Held

        Ratio decidendi

        How to use it in an exam

        Editorial source

        Law Reports House of Lords

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