Lifting of corporate veil - The doctrine of the lifting the ...

Companies Law

August 8, 2019

Lifting of corporate veil - The doctrine of the lifting the corporate veil is not available in every case of a liability alleged against a company. To so hold would lead to the consequence that every commercial transaction involving a company will require to be defended by the directors, shareholders or other officers of the company in their personal capacity. This is anathema to the very concept of corporate legal personality.

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Lifting of corporate veil - The doctrine of the lifting the ...

Companies Law

August 8, 2019

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