Tag: Corporate Veil
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Understanding the Doctrine of Corporate Veil: Protection or Loophole?
The Doctrine of Corporate Veil separates a company’s legal identity from that of its shareholders. It protects individuals from personal liability for the company’s actions, limiting exposure to the extent of their investment. However, this protection is not absolute, and Indian courts have often intervened when the doctrine is misused. The real question is: does…
