Unlike in Zubrowka, in NZ, the existence of a company can be challenged in court even after its registration through the concept of "piercing the corporate veil (Courts may "pierce" or "lift" the corporate veil in cases where the company is a mere faade, or where it is used for fraudulent or improper purposes. This means that the court looks beyond the company as a separate legal entity and holds the shareholders or directors personally liable for the company's actions.) shorte