14.
The answer is: B
Explanation
The correct option is B: Company Law.
The doctrine of lifting or piercing the corporate veil is associated with the concept of corporate personality, which is a fundamental principle of company law. Corporate personality means that a company is a separate legal entity from its members or shareholders, and has its own rights and liabilities. However, in some cases, the court may disregard the corporate personality and hold the members or shareholders liable for the acts or debts of the company. This is known as lifting or piercing the corporate veil. The doctrine is applied to prevent fraud, injustice, or abuse of the corporate form. Some of the situations where the court may lift or pierce the corporate veil are:
- When the company is used for fraudulent or dishonest purposes.
- When the company is a mere sham or facade to conceal the true beneficiaries or controllers of the business.
- When the company is an agent or instrumentality of another person or entity.
- When the company acts against public policy or interest.