Corporate Lifts

₹6,00,000.00

Specification

model: Corporate Lifts
drive type: AC
max persons: 16
cabin finish: Stainless Steel
machine type: Sharp
maximum load: 1088 kg
maximum rise: 30 m
maximum speed: 1.5 M/S
maximum height: 30 feet
number of floors: 0-5 Floors

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Description

This is known as 'lifting of corporate veil'. It refers to the situation where a shareholder is held liable for its corporation's debts despite the rule of limited liability and/of separate personality. The veil doctrine is invoked when shareholders blur the distinction between the corporation and the shareholders.

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