"It is trite law that a company, after its incorporation, is a legal person separate and distinct from its directors, shareholders, employees and agents - in the case of Salomon v A Salomon & Co Ltd [1897] AC 22 (Solomon's case) House of Lords".

REQUIRED - Discuss the concepts of Separate Legal Entity (SLE) and Veil of Incorporation (Corporate Veil) and the impact of these concepts as established in Solomon's case in Macaura v Northern Assurance Co Ltd [1925] AC 619 and Lee v Lee's Farming Ltd [1960] 3 All ER 420, which also 'shaped' our Malaysian Company Law.

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