Coursework Requirement
The Veil of Incorporation “The doctrine laid down in Salomon v Salomon & Co Ltd [1897] AC 22 has to be watched very carefully. It has often been supposed to cast a veil on the personality of a limited company through which the courts cannot see. But that is not true. The courts can, and often do, draw aside the veil. They can, and often do, pull off the mask. They look to see what really lies behind”. Lord Denning in Littlewoods Mail Order Stores Ltd v Inland Revenue Commissioners [1969] 3 All ER 442 Required: Discuss the above statement with the aid of relevant legal authorities.
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The topic chosen for the assignment, the “Veil of Incorporation”, is arguably one of the single most important concepts in Company Law.
Your research should lead you to critically consider the practical purposes of the veil, and the instances where the law will “lift the veil”.
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Week 13 lectures will focus on this topic, however, you are strongly encouraged to independently research the topic yourself in order to gain a deeper insight and informed opinion.
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As detailed further below, the key to achieving a pass on this assignment is demonstrating your ability to effectively explain this area of law in your own words; higher marks will be gained for demonstrating your ability to evaluate the law and how it is or is not applied in practice.
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