Lifting the corporate veil

On lifting the corporate veil, Professor Gower in his Principles of Modern Company Law, (7th Ed), under the heading ‘Interests of Justice’ says the followings:

Although the interests of justice may provide the policy impetus for creating exceptions to the doctrines of separate legal personality and limited liability, as an exception in itself it suffers from the defect of being inherently vague and providing to neither courts nor those engaged in business any clear guidance as to when the normal company law rules should be displaced. Consequently, it is difficult to find cases in which ‘the interests of justice’ have represented more than simply a way of referring to the grounds identified above in which the veil of incorporation has been pierced

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