pany:pany:pany:Share:Dissolution:Liquidation:BoardsofDirectors:BoardsofSupervisors:legalperson:October27,2005,thePeople',2006,panyLaw§1GeneralProvisions §pany§pany §pany§pany;IncreaseandDeductionofRegisteredCapital§pany§:"panyestablishedwithintheterritoryofthePeople',administrativeregulationsandarticlesofassociation,andshallexercisetheshareholder''srights,panybyabusingtheindependentstatusoflegalpersonortheshareholder''srights,'slimitedliabilities,andthusseriouslydamagestheinterestsofanycreditor,pany.“AbuseofShareholderRightsandPiercingtheCorporateVeil”“piercingtheveilofthecorporation”(1)failuretoobservecorporateformalities;(minglingofassetsandaffairs;(3)undercapitalizationandpurposefulinsolvencyShareholderscanlosethisprotectionbyactingillegally,unethically,,&CoLimited,withhimself,£39,000whichwasmadeup£20,000insharecapital,£10,,'sassets,whichweresufficienttopayoffthedebentureholders,butnothingwasleftfortheunsecuredcreditors.
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