Piercing the Corporate Veil

An Illustrative CaseIn 1992, a metal plate plant, an agriculture machine company and a municipal old age commission established a biotech company (the…

5 minute readJanuary 31, 2001 at 11:58 PM

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An Illustrative Case

In 1992, a metal plate plant, an agriculture machine company and a municipal old age commission established a biotech company (the Company). According to the articles of association, each party was to contribute Rmb100,000 in registered capital.

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