What is the ratio in VTB Capital v Nutritek International?

The corporate veil can only be pierced where incorporation is used to evade existing legal obligations or restrictions, not merely to obtain advantages of incorporation.

What did the court decide in VTB Capital v Nutritek International?

The Supreme Court refused to pierce the corporate veil and established a restrictive test emphasizing the fundamental importance of limited liability.

Why is VTB Capital v Nutritek International important for company law?

It provides the definitive modern test for veil-piercing, clarifying decades of confused case law and significantly limiting when courts can disregard separate corporate personality.

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