about case Lonrho Ltd V Shell Petroleum CO. Ltd
(Querist) 22 August 2009
This query is : Resolved
Could I get the information of the case Lonrho Ltd V Shell Petroleum CO. Ltd -brief facts and principle laid down especially issue related to liability of holding ompany towards subsidiary company in this case or suggest any link related to it.
Thanks & Regards!
(Expert) 22 August 2009
The liability of Holding and subsidiary company can be seen from the book Companies Act recent edition of Ramaiya.
(Querist) 24 August 2009
Thanks to all Respected contributors.
I want to study this case under the topic- statutory exceptions to the rule of soloman v.soloman(company has seprate legal entity) & one of the exception is-holding & subsidiary companies. so please guide me, what is the relevance of Lonrho's case to above mentioned topic?