Corporate veil theory question How many marks in following ans get?

Chauhan · 21 Dec 2024

Thank you for guidance ❤️

Vinay · 21 Dec 2024

Bro if the question is asked about corporate veil theory then u need to answer like this Corporate veil theory is a legal concept whereby company is identified separately from the members of the company It refers to that members of a Co are shielded from liability connected to companies actions In other words it's a corporate insulation Case study : salomon vs salomon and Co Ltd But bro the answer you have given is about the concept of lifting up of corporate veil theory (which is technically exceptions for corporate veil theory)