Volume : III, Issue : I, January - 2014

Abstract :

Corporate veil has been one of the most controversial subjects under corporate. Over the year, various judicial and legislative bodies have looked into the subject and have had differing and varied views. This paper will provide an understanding of the concept of corporate veil and will analyze how different Courts have interpreted this concept over the period of years.This paper then looks into various attributes of corporate personality and analyses each one of them. The paper along with explaining the characteristic feature of corporate personality also analyses when and why Courts can lift corporate veil. An analysis of reasoning of Courts is provided in the last part of the paper. This paper concludes by providing explanation on Statutory provisions under which veil of a corporation can be pierced.  

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

, PARIPEX-INDIAN JOURNAL OF RESEARCH : Volume-2 | Issue-3 | March-2013

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