A Critical Appraisal Of The Doctrine Of Corporate Personality Under The Nigerian Law

123 pages Chapters 5 ID: LAW0213

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DepartmentLaw
TypeProject
Pages123
Chapters5
MethodologyFootnote
Reference StyleYES
FormatMS Word & PDF
Reference No.LAW0213

Abstract

ABSTRACTMore than 100 years ago the UK house of Lords in the famous Solomon case established a maxism  that a company is a  separate legal entity distinct from its members. Thereby it determined the directions of modern company law and the nature of private limited companies similar doctrines are incorporated in the statutory provisions of continental countries, Nigeria being a case study here. A separate legal personality and limited liability as a device has aimed to induce investment, encourage trade without incurring personal liability and to be an incentive for entrepreneurs to start up r…

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