Mohd Aqib Aslam, PH.D Research Scholar, Department of Law, University of Jammu.
ABSTRACT
Committing a crime becomes relatively easy for these corporate entities as the chiefs of these businesses abuse their decision-making authority at national and global levels since some loopholes exist in their acts and many times go scot-free due to this corporate veil protection. Because companies conduct economic crimes that were previously unknown in any particular legal system, traditional techniques of punishment are ineffective and incompatible with the needs and circumstances in which businesses operate. As a result, there is a pressing need to investigate the ideas of corporate criminal culpability and their many criminal dimensions.
Keywords: Corporate, Crime, Liability, Reforms, Legal Status.
