• Subhashree K

A firm is frequently described as a "person" in legal terms. A business is handled as though it were a unique species of human. It has been mandated to offer a variety of information, including meeting minutes, the number of directors, a summary of the purposes for which the company was founded, and others. It is a person, nevertheless, only in the eyes of the law. It must pass through a different level of inspection because it is a legal person rather than an actual person. This artificiality on the part of the business actually enhances its individuality. According to rumours, the company's personality differs from that of its promoters, directors, and other members. The practice of keeping a company's members separate from it in the eyes of the law is an exception to the lifting of the corporate veil. To hold the members personally accountable for any wrongdoing they perform in the company's name would mean rejecting the company's restricted liability. This is vital because powerful corporations have increasingly hurt many facets of society. This study will focus on businesses that commit severe environmental deterioration and where the courts have determined that punishing the subsidiary company alone is insufficient to undo the harm; those in charge of the business must also be held accountable. The following paragraphs of this research paper will deal with the understanding and the analysis of the concepts separate legal entity and lifting of corporate veil with the help of instances.

"Critical Analysis of doctrine of corporate veil", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 7, page no.e569-e572, July-2022, Available :http://www.jetir.org/papers/JETIR2207472.pdf

"Critical Analysis of doctrine of corporate veil", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 7, page no. ppe569-e572, July-2022, Available at : http://www.jetir.org/papers/JETIR2207472.pdf