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| Author: | Shi, Xiaobo Li, Qiwei |
| Title: | Researches on several questions about disregard of corporateness (original in Chinese) |
| Journal: | Journal of Zhongnan University of Finance and Economics (c)
1999 : 2, P.76-80 |
| Index terms: | COMPANY LAW |
| Language: | chn |
| Abstract: | Disregard of corporateness is born and developed for the purpose of making up the inherent defect in pure coporateness, overcoming the malpractice of shareholder limited responsibility system in modern enterprises. China has involved in this respect in its legislation, but it does not form a system. There is little concept of disregarding of coporateness in the judicature circle; abuse of coporateness and shareholder limited responsibility principle, and little application in juridical cases. So it should be regulated that when some circumstances occur in litigation. People's court has the authority of disregarding coporateness as the high jump of the enterprises' judicial person abusing coporateness. It is clearly stipulated that shareholders, directors and managers abusing corporateness will bear civil liabilities for the creditor besides ... |
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