Blog by Niti Manthan
Facilitating young minds towards holistic development.
The Doctrine of Lifting of Corporate Veil rests upon the concept of a Company being a separate legal entity, different from its members, shareholders or Directors. This article tries to examine the Doctrine and its underlying concept, the concept of piercing of corporate veil, the grounds under which the veil can be lifted and the provisions under the Indian law supporting the same. This article also tries to substantiate this Doctrine with relevant case laws.