should the courts take a stricter or less strict approach when asked to lift the corporate veil? Elaborate your opinion with your reasoning.

The principle of lifting the corporate veil has been considered differently by the judges over the years. In your opinion, should the courts take a stricter or less strict approach when asked to lift the corporate veil? Elaborate your opinion with your reasoning.

Additional guide: In answering the question, you may also:-  Discuss the court’s decision in any decided case, whether you agree or not with the judgment and state your reason;  give example(s) under what circumstances you would think that the court should lift the corporate veil or should not lift the corporate veil.

  • answer should be including case law (Lee v Lee’s Air Farming Ltd 1961 OR Macaura v Northern Insurance Co.Ltd 1925 OR Salomon v Salomon & Co. Ltd) Answer must be not more than 1 pages.

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