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The categories under which a corporate veil can be lifted propounded by common law cases At common law: iii. Where the company is acting as
The categories under which a corporate veil can be lifted propounded by common law cases
At common law:
iii. Where the company is acting as the agent or partner of the controller.
Aspatra Sdn Bhd v Bank Bumiputra Malaysia Bhd.
iv. Where the law shows an intention that the corporate veil be disregarded.
Daimler Co v Continental Tyre and Rubber Co (1916).
1000 WORDS IS MUST IN ESSAY FORMAT - COMPANY LAW
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A corporate veil can be lifted in a variety of circumstances However it is difficult to do so because the law favors protection of corporations and shareholders The categories of situations under whic...Get Instant Access to Expert-Tailored Solutions
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Essentials of Business Law
Authors: Anthony Liuzzo
9th edition
007802319X, 978-0078023194
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