Discuss the principle in Salomon v Salomon Co. Ltd [1897] AC 22Eng HL and lifting the corporate veil. Reference the possibledangers of this principle in the 'one man company' Identify the legislation in your jurisdiction which advises on the classesof shares available. Discuss among each other the differences in yourrespective countries.

Consider and discuss the cases, which treat with the court'sinterpretation of the classes of shares.