VEIL LIFTING
Chapter 4 of the Subject Guide
,INTRODUCTION
, INTRODUCTION
Lifting the veil refers to the situations where the judiciary or
the legislature has decided that the separation of
personality of the company and the members are not to be
maintained.
There are two ways in which the veil of incorporation can be
lifted:
i. Statutory Intervention
ii. Judicial Intervention
Chapter 4 of the Subject Guide
,INTRODUCTION
, INTRODUCTION
Lifting the veil refers to the situations where the judiciary or
the legislature has decided that the separation of
personality of the company and the members are not to be
maintained.
There are two ways in which the veil of incorporation can be
lifted:
i. Statutory Intervention
ii. Judicial Intervention
