Arabic translation: عدم مراعاة الرسميا ت , ونقص صارخ في رأس المال
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English to Arabic translations [PRO] Law (general)
English term or phrase:formalities gross undercapitalization
The creation of a reasonable belief that a parent and subsidiary or brother-sister company are one company can support veil-piercing and factors such as non-observance of formalities gross undercapitalization, the lack of insurance and commingling of assets have been cited as veil-piercing triggers.