REVERSE CORPORATE VEIL IN MARITAL DISPUTES
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Abstract
The paper focuses on understanding the doctrine and development of the doctrine of reverse piercing of the corporate veil. Though it’s not as well established as the traditional corporate veil doctrine, it is picking up as an applicable concept through various subject matters such as tax debts owed to the government, marital disputes etc. The aim of this paper is to establish the connection between divorces and reverse corporate piercing through several case laws around the world. It is worth noticing that such cases haven’t yet brought to courts of India. The paper is a qualitative research that relies extensively on judicial judgments and precedents. To narrow down the analysis, the paper focuses mainly on the cases decided in the courts of the United States of America and United Kingdom. The paper also attempts to understand the position of the principle in India. These cases display the development of this doctrine and its wide application in familial disputes. Where company law and family law are seen as two distinct and distinguished fields of civil law, they are integrated through this doctrine.
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