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What is Corporate Veil Piercing in Pakistan about?

This study analyzes cases in Pakistan where the corporate veil was pierced to disregard the separate legal identity of a firm. The study classifies cases into three categories: classic veil piercing, voluntary piercing, and shareholder disputes. In the first and third categories, courts rarely follow a single formula and judgments are based on vague principles of equity. However, courts consistently attempt to follow the rule endorsing piercing the veil in cases of fraud or wrongdoing. The number of volunta

Author

usama jamil

Language

EN