35/2009 Judicial Companies Misc. The Securities & Exchange Commissioner of Pakistan (Applicant) V/S Natover Lease Reliance Ltd (Respondent)
Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author)
35/2009 Judicial Companies Misc. The Securities & Exchange Commissioner of Pakistan (Applicant) V/S Natover Lease Reliance Ltd (Respondent) Sindh High Court
Bench: Hon'ble Chief Justice Mr. Justice Muhammad Shafi Siddiqui(Author) Order Date: 06-OCT-22
Incorporation does not fully cast a veil over the personality of a limited company through which the courts cannot see. The courts can, and often do, pull off the mask. They look to see what really lies behind. A corporation will be looked upon as a legal entity as a general rule but when the notion of legal entity is used to defeat public convenience, justify wrong, protect fraud or defend crime the law will regard the corporation as an association of persons