Separate Legal Personality & Piercing the Veil

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Last updated 6:10 AM on 6/19/26
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7 Terms

1
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Company is distinct entity

Saloman

2
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cannot use company to evade obligations or liabilities

Prest

3
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Doesn’t apply where its normal to use a company to escape liability

Prasad

4
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when the subsidiary is basically treated the same as the parent company

steel holdings

5
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Something more than ownership and control needed for DOC.

James Hardie

6
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Liquidator can as for pooling or contribution order

s 271

7
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James Hardie Test

(1) Parent takes over running of the relevant part of the subsidiary’s business;
(2) parent has superior knowledge + subsidiary relied on it + parent knew/ought to have foreseen the deficiency;
(3) Parent takes responsibility for the policy/advice linked to the wrongful act.