what is meant by corporate veili..........please explain

i am a student of sri medha v,scored 107 in cpt

48 Views|Posted 2013-02-01 23:01:44

Asked by Uma Devi

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Answered by

Sanket Agarwal | Beginner-Level 4

2013-02-02 08:33:30

Piercing the corporate veil or lifting the corporate veil is a legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders. Usually a corporation is treated as a separate legal person, which is solely responsible for the debts it incurs and the sole