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Justifications for piercing the corporate veil
Includes bibliographical references.
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| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
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Department of Commercial Law
2015
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| _version_ | 1867613146217185281 |
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| access_status_str | Open Access |
| author | Kakubo, Mwanchela M |
| author2 | Rycroft, Alan |
| author_browse | Kakubo, Mwanchela M Rycroft, Alan |
| author_facet | Rycroft, Alan Kakubo, Mwanchela M |
| author_sort | Kakubo, Mwanchela M |
| collection | Thesis |
| description | Includes bibliographical references. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/13510 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:31:30.019Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Department of Commercial Law |
| publisherStr | Department of Commercial Law |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/13510 Justifications for piercing the corporate veil Kakubo, Mwanchela M Rycroft, Alan Commercial Law Includes bibliographical references. According to the decision in Salomon a company is recognised as a legal entity separate and distinct from its shareholders. Although this fundamental rule has had a considerable influence in company law worldwide, it cannot be absolute and, as such, must allow for exceptions where the courts may disregard the separate legal personality of the company. The general rule is that a court will pierce the corporate veil “only where special circumstances exist indicating that it is a mere façade concealing the true facts, so that the separate existence of the company is in some sense being abused or, at least, is not being maintained in the full sense, with the result that separates between the company and its members does not in fact exist. However the courts uniformly exercise significant discretion, and fail to offer a clear standard for veil piercing.”4 Besides company law, this research paper also considers other areas of law where this principle has been applied. These include labour law, criminal (corporate liability) and maritime law. 2015-07-14T09:00:19Z 2015-07-14T09:00:19Z 2011 Master Thesis Masters LLM http://hdl.handle.net/11427/13510 eng application/pdf Department of Commercial Law Faculty of Law University of Cape Town |
| spellingShingle | Commercial Law Kakubo, Mwanchela M Justifications for piercing the corporate veil |
| thesis_degree_str | Master's |
| title | Justifications for piercing the corporate veil |
| title_full | Justifications for piercing the corporate veil |
| title_fullStr | Justifications for piercing the corporate veil |
| title_full_unstemmed | Justifications for piercing the corporate veil |
| title_short | Justifications for piercing the corporate veil |
| title_sort | justifications for piercing the corporate veil |
| topic | Commercial Law |
| url | http://hdl.handle.net/11427/13510 |
| work_keys_str_mv | AT kakubomwanchelam justificationsforpiercingthecorporateveil |