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Corporate purpose: Limits and consequences of directors exceeding their powers

A company's corporate purpose, defined in its articles of association, limits directors' powers.

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The fact

Exceeding this purpose may result in the nullity of the company's acts.

Case law and doctrine clarify the boundaries of this responsibility.

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Why it matters

Ce sujet aborde une question centrale du droit des sociétés, essentielle pour les entrepreneurs et les investisseurs. La clarification des limites des pouvoirs des dirigeants évite des contentieux coûteux et protège les tiers.

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