Mohammed had carried on successful business as a garment manufacturer for many years. In 2014 he formed a corporation in which he held almost all the shares . He then sold his business to the corporation. Soon afterwards, a down turn in the garment industry caused by loss of government contracts and a series of strikes drove the corporation to insolvency and a trustee was appointed to wind it up. The trustee claimed that the corporation was merely a sham, that Mohammed was the actual owner and he should pay off all the debts owed by corporation.

- Analyze the claim made by the trustee. Do you think it is a valid claim?

- Analyze whether any type of fraud or intention to deceive  has taken place in this case

- Examine whether the corporation was properly created and do you believe that it should be responsible for its own debts.

- Examine whether the concept of piercing the veil is applicable in this case or not.