under what circumstances the court may disregard separate legal entity of a company
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If an inspector is appointed under section 235 or 237 of the Companies Act to investigate the affairs of the company, he has the power to investigate also the affairs of any other related company in the same management or group (section 239). This is in complete disregard to the separate entities of the companies.
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The Court may disregard the separate legal personality of a company if there is a legal right against the person in control of the company and the company is deliberately interposed in order that the separate legal personality of the company should defeat the enforcement of that right against the controlling
party.
MARK AS BRAINLY.
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