Discuss the concept of separate legal personality

Assignment Help Other Subject

Reference no: EM133307732

Topic: Mr Entitled is a director of an insurance company situated on the North Coast. It has recently been discovered that Mr Entitled has been depositing profits of the company into his own personal bank account. Mr Entitled has also been found making use of the company vehicle to go to the salon and spa and to go on dates with his fiancé. Mr Entitled denies every allegation made against him and insists that he is always acting in the best interest of the company. Consider the above scenario and answer the following questions:

Question 1) Discuss the concept of "separate legal personality" with reference to relevant case law and legislation.

Question 2 Is the conduct of Mr Entitled an abuse of the concept of separate legal personality? Provide reasons for your answer.

Question 3 What can courts do to prevent the abuse of the concept of "separate legal personality" of the company?

Reference no: EM133307732

Questions Cloud

How was process of rebuilding their lives after civil war : How was the process of rebuilding their lives after the Civil War different for women than for men?

What if she does not come out of the coma : We don't know anything else on her condition, but I am scared stiff. What if she doesn't come out of the coma? Are we going to lose the store?

Briefly describe the characters personality : Briefly describe the characters personality and Imagine and describe how your character appears and dresses their body

European countries-engage in pollution exporting : Japan, Taiwan, and South Korea-but also the United States and many European countries-engage in pollution exporting.

Discuss the concept of separate legal personality : Discuss the concept of "separate legal personality" with reference to relevant case law and legislation.Is the conduct of Mr Entitled an abuse of the concept

What is paradoxical relationship : What is the paradoxical relationship that (aspiring) global cities have with their masses of average, working poor people?

Describe some of the current treatments available : Describe some of the current treatments available. Are there any new treatments on the horizon? Which treatment option would you choose

Sign of the mode of climate variability : Define, and give the sign of the mode of climate variability that an El Nino can generate in the Indian Ocean.

Which specific rights and amendments are being addressed : Which specific rights and amendments are being addressed in this case? How does each party, the plaintiff and the defendant argue their side?

User Account

All Pages