Ordinarily, corporate personality of a company is to be respected. The whole law of corporations is still based on this basic principle of corporate entity. There are umpteen instances in which the courts have uphelded this principle and resisted the temptation to break through the veil.
Lifting of Corporate Veil: Indian Scenario
Lifting of Corporate Veil: Indian Scenario
Ordinarily, corporate personality of a company is to be respected. The whole law of corporations is still based on this basic principle of corporate entity. There are umpteen instances in which the courts have uphelded this principle and resisted the temptation to break through the veil.
Ordinarily, corporate personality of a company is to be respected. The whole law of corporations is still based on this basic principle of corporate entity. There are umpteen instances in which the courts have uphelded this principle and resisted the temptation to break through the veil.
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