In 'The Workmen Employed in Associated Rubber Industries Ltd., Bhavnagar v The Associated Rubber Industries. Ltd., Bhavnagar and another (1986) the corporate veil was lifted because :

CS CSEET · Business Laws and Management · PYQS · June 2026
In 'The Workmen Employed in Associated Rubber Industries Ltd., Bhavnagar v The Associated Rubber Industries. Ltd., Bhavnagar and another (1986) the corporate veil was lifted because :
(A) Purpose of company formation was to avoid welfare legislation
(B) Company evaded income tax
(C) Company was just an agency or trust for someone else
(D) For determining true character of the company

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Purpose of company formation was to avoid welfare legislation.

Topics: Company Law

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