“LIFTING THE CORPORATE VEIL”- AN OVERVIEW Definition-Lifting or Piercing the Corporate Veil Lifting or Piercing the Corporate Veil is a Legal process or proceedings taken to uncover the common shield in respect of any suspicious event happened or to be happened or on the basis of allegation made or to be made against the Company. This piercing process can be compared to a person lifting the curtain of a Drama Stage to know what is actually happening without being the drama commenced. Piercing the
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Chapter 4 Lifting the veil of incorporation Contents Introduction 41 42 43 Legislative intervention Judicial veil lifting Veil lifting and tort Reflect and review 36 37 39 41 43 page 36 University of London External System Introduction As we observed in Chapter 3 the application of the Salomon principle has mostly (remember Mr Macaura) beneficial effects for shareholders. The price of this benefit is often paid by the company’s creditors. In most situations this is as is intended by
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Minister’s Black Veil Father Hooper wears a black veil over his eyes and nose‚ never revealing the reason of the veil to a soul. At times the sexton would insinuate a reason behind the veil but never revealing the answer to the mystery. Father Hooper is a very imaginative and creative individual to innovate the idea of wearing a black veil to express an idea. He is angry towards the response of the veil to his parishioners‚ since they treated him differently with the veil compared to without
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THE CORPORATE VEIL” The recognition that a company is a separate legal entity distinct from its shareholders is often expressed as the “veil of incorporation”. General principle‚ once a company is incorporated‚ the courts usually do not look behind the veil to inquire why the company was or who really controls it. However in certain situations‚ the court will ignore the separate legal personality of a company and look to the members/controllers of the company is “lifting the veil”. This would
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The Minister’s Black Veil:”The Meaning of The Mysterious Black Veil” The minister’s black veil is revealed in Mr. Hooper’s remarks to Elizabeth when she wonders why he had chosen to wear that mysterious black veil.Mr. Hooper was the pastor who gives a sermon on the subject of sins which‚ when he is giving the sermon he wears the black veil‚ which makes people wonder why he wears that. No one dares to ask him why he wears it ‚ the only person who had the courage to ask was his fiance Elizabeth
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elements of mystery and uncertainty that is why his story “the Minster’s Black veil” is best analysed in terms of reader response. Hawthorne chose to not have any direct explanation for the actions of his characters giving it to the readers to interpret the way they wish even if he did have a certain message. The fact that there is no direct and final conclusion to the reason behind the minister’s decision to wear the black veil has caused critics to debate this story through the centuries‚ resulting in
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OBJECTIVES…………………………………………………………………….4 • RESEARCH METHODOLOGY…………………………………………………5 • INTRODUCTION………………………………………………………………..6 • THE VEIL AND FEMINISTS APPROACHES…………………………………7 • METHODOLOGICAL STUDY………………………………………………….7 • VEIL AND THE WEST………………………………………………………....11 • MUSLIMS IN THE WEST………………………………………………………12 • MUSLIM WOMEN IN FRANCE………………………………………………..13 • MUSLIM WOMEN IN INDIA…………………………………………………...13 • THE VEIL…………………………………………………………………………14 • CONCLUSION……………………………………………………………………14 OBJECTIVE To study the conditions
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One of the most uncertain areas in company law today is the situation in which a court is willing to set aside the separate legal personality of a company. Separate legal personality i.e. where a company is regarded by the courts as a legal person with its own rights and responsibilities and that it is capable of owning property amongst other things. Laffoy J stated in Fyffes Plc v Dcc Plc & Ors ‚ "It has been a fundamental principle of Irish company law since the decision of the House of Lords
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takes it off at all even when his friend kindly beg him to remove it. This show that thr reverend starts to wear the black veil over his face continually. With the reverend acting differently and nows he is wearing and refusing to take off his veil. But suddenly all of the citizens started to avoid him and try not have any interaction with him. Nextly the minister black veil shows more of isolation than guilt .
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Minister’s black Veil 10-28 Elizabeth’s departure “One long‚ shuddering gaze” (261) the dead girl shudders when Hooper’s face becomes visible to her Elizabeth here‚ also has an epiphany She also has this sin that Hooper is trying to cover up Her gaze- she sees the veil for what it symbolizes She understands why he is doing it Hooper smiles “only a material emblem” = the veil‚ is the only thing that separates them they are still connected spiritually Hooper finishes his sermon his
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