The money-power and clout of corporates distorts our governance - TopicsExpress



          

The money-power and clout of corporates distorts our governance and judiciary. The common mans fundamental rights go for a toss wherever they are in conflict with the commercial interests of companies. For a variety of reasons, the entire judicial mechanism works in favour of corporates, leaving citizens with no genuine judicial remedies. Generally, courts are against piercing the corporate veil -- a handy excuse for not entering into the many wrongdoings of a company, its subsidiaries, associates and its holding companies. If courts stated doing that, many false claims being made would stand unveiled!
Posted on: Mon, 11 Aug 2014 08:00:54 +0000

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