The ability therefore of the courts to 'lift the corporate veil is an essential corrective to misuse
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Question:
The ability therefore of the courts to 'lift the corporate veil is an essential corrective to misuse of the theory. To what extent do you agree with Dignam and Lowry (Company Law, 11th ed 2020, Chapter 3) that 'confusion hidden behind apparent clarity has become a feature of major decisions'?
Explain in detail the critique given by Dignam and Lowry given based on case details of Prest v Petrodel Resources Ltd (2013), and explanation if they have a reason.
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