Doctrine of lifting of or piercing the corporate veil is associated with:
The doctrine of lifting or piercing the corporate veil belongs to "Company Law". It allows courts, in cases such as fraud or misuse of the corporate form, to disregard the…
Choose your answer
Doctrine of lifting of or piercing the corporate veil is associated with:
Answer and explanation
Correct answer B
The doctrine of lifting or piercing the corporate veil belongs to "Company Law". It allows courts, in cases such as fraud or misuse of the corporate form, to disregard the separate legal personality of a company and hold its members or directors personally liable.
Practice for these exams
-
All India Bar Examination (AIBE)
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision