Bombay High Court Dismisses Appeal Against Impleadment of Alleged Successor Company in Execution of Foreign Award — Piercing Corporate Veil Justified to Prevent Fraudulent Evasion of Liability. The court held that where a company is created to evade existing liabilities, the corporate veil can be pierced and the new entity can be impleaded in execution proceedings under Order 21 Rule 50 CPC.
29 Sep 2016The appeal arose from a judgment of the learned Single Judge dated 5 October 2015 in Chamber Summons (L) No.444 of 2015 in Judges Order No.212 of 2014...




