Abstract:
This dissertation compares how courts in Bangladesh and the United Kingdom treat the
doctrine of lifting the corporate veil, starting from Salomon v A. Salomon & Co. Ltd and
examining the Companies Act 1994 and the Companies Act 2006. The study reviews statutes,
leading cases and scholarly writing to show where the two systems agree and where they differ.
The UK has moved toward a narrow, principle base approach after Prest v Petrodel Resources
Ltd, limiting veil lifting to clear cases of evasion of legal obligations and favoring other legal
remedies. In Bangladesh courts apply the doctrine more widely to meet public interest and to
combat fraud, tax avoidance and misuse of corporate form, but this produces uneven reasoning.
The thesis recommends clearer rules, legislative updates and stronger judicial guidance so veil
lifting is used consistently and only when necessary.
Description:
This thesis submitted in partial fulfillment of the requirements for the degree of Bachelor of Law in East West University, Dhaka, Bangladesh
