ISSUE:
Whether the company was an alien company and that payment of the debt would be trading with the enemy?
Whether lifting the corporate veil can be used in emergencies?
RULE:
Companies Act, 1905, Trading with the Enemy Act 1914.
Whether the company was an alien company and that payment of the debt would be trading with the enemy?
Whether lifting the corporate veil can be used in emergencies?
Companies Act, 1905, Trading with the Enemy Act 1914.