/ˌʌltrə ˈvaɪriːz/ – adjective
Definition: ngoài thẩm quyền, vượt quá quyền hạn, vượt quá năng lực pháp lý, nguyên tắc năng lực pháp lý đặc biệt của công ty.
A more thorough explanation: “Ultra vires” is a Latin term that means “beyond the powers.” In legal terms, it refers to actions taken by an individual or entity that exceed the powers or authority granted to them by law or by their governing documents, such as a corporation’s articles of incorporation or bylaws. When an action is deemed ultra vires, it is considered invalid and may be challenged in court.
Example: The company’s decision to enter into a contract that was beyond the scope of its stated business activities was deemed ultra vires and therefore unenforceable.