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1 Lord Denning, while a member of the House of Lords in England, stated that: The doctrine laid down in Salomon [v Salomon & Co

1

Lord Denning, while a member of the House of Lords in England, stated that:

The doctrine laid down in Salomon [v Salomon & Co Ltd [1897] AC 22]... has to be watched carefully. It has often been supposed to cast a veil over the personality of a limited company through which the courts cannot see.

Do you agree with this judicial statement? Critically analyse the judicial statement above and discuss the current legal position with reference to the:

(a) common law in Australia

(b) the Corporations Act 2001 (Cth)

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