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THe corporate veil

Student: Ambre Foray
Lecturer: Charles Marquand

Date : 6th of April, 2022


2. Lifting the corporate veil

1. The corporate veil

3. Three grounds

The corporate veil

"in questions [...] of acts done and rights acquired [...] the personalities of [... ]the companies corporators are to be ignored”

Salomon v. Salomon &Co Ltd [1897]


Lifting the corporate veil

“The doctrine laid down in Salomon v. Salomon Co.Ltd has to be watched very carefully. It has often been supposed to cast a veil over the personality of a limited liability company through which the Courts cannot see. But, that is not true. The Courts can and often do draw aside the veil.”

Littlewoods Mail Order Stores Ltd V. Inland Revenue Commissioners [1969]


Jones v. Lipman [1962]

Engine of fraud


Mr. Jones

Mr. Lipman's company

Mr. Lipman


To prevent an illegality

Daimler Co Ltd. v Continental Tyre Rubber Co. Ltd [1916]

Daimler Co Ltd

Continental Tyre Rubber Co. Ltd


Sir Dinshaw Maneckji Petit [1927]

To prevent tax evasion




Thank you for your attention