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lifting of corporate veil under company law
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The law recognises a separation between the assets of a company and those of the members. The barrier between the two is called the veil of incorporation
Is done to:-
a written statement outlining the rules, powers, rights and practices under which a country, club company, council will operate A company’s constitution governs members, directors and other employees
The company failed to deal with the expulsion of a member in accordance with the company’s constitution The member went to Court arguing this was a breach of contract and the court found in his favour