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ISSUE:

How to ensure that, particularly in cases of divorcing spouses and in single-man companies, company law could not be used as a tool to conceal assets or avoid liability in relation to those assets, whilst maintaining the integrity of the Salomon principle?

Whether the court could pierce the corporate veil?

RULE:

Piercing of corporate veil cases should be true exceptions to the case of Salomon v. Salomon such that where a person who owns and controls a company is said in certain circumstances to be identified with it in law by virtue of that ownership and control.

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