Author: Bhanukesh B

Abstract With the growing economy and trends in the corporate sector, the corporate sector has faced many frauds, insider trading, and false claims, etc. The doctrine of the lifting of the corporate veil plays an important role in identifying the offenders who do these crimes and hide behind the curtains of the company. The doctrine of a separate legal entity plays the same role as that of the lifting of the corporate veil but in a much broader sense. The concept of a separate legal entity itself is the cause of action or reason behind the members of any given…

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