A critical analysis of the law on corporate personality and its Legal implications in Uganda; a case for unsecured creditors, Employees and tort victims.
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Date
2017-07
Authors
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Journal ISSN
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Publisher
Kampala international international: School Of Law
Abstract
There was need and desire to advocate for unsecured creditors, employees and tort victims to
know the law governing corporate personality in order to have smooth running of business in
Uganda. Many of the aforementioned were being victimized because they didn't know what was
expected from the process doing business with companies and as well most companies did know
how to handle certain issues regarding the remedies, entitlements of unsecured creditors,
employees and tort victims in an unfortunate event of corporate insolvency.
A combination of qualitative and quantitative methods were applied and data collected via
interviews, questionnaires, observation and literatures review. The study relied on both
secondary sources and government publications related to corporate personality. Data were
summarized and coded into themes and sub-themes from which conclusions and
recommendations were drawn. Among the many peculiar findings included the ignorance of unsecured creditors, employees and tort victims about the law governing corporate personality in Uganda and enforcement of their legally established remedies in the actual abuse of the corporate personality.
Description
A dissertation submitted to the school of law in partial Fulfillment of the requirement for the award of Degree of bachelor of laws of Kampala International University
Keywords
Business law, Law, Unsecured creditors, Employees and tort victims., Corporate personality, Legal implications, Uganda