Unit I · Company Law

Nature, kinds and lifting the veil

Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.

Statute sections

Act / instrument	Section	Name
Companies Act, 2013	2(20)	Company
Companies Act, 2013	3	Formation of company including OPC
Companies Act, 2013	9	Effect of registration

[1897] AC 22 · House of Lords

A company is a separate legal entity from its members.

[1933] Ch 935 · Court of Appeal

The veil may be lifted where a company is used to evade a legal obligation.