Natural Person vs Company

EM Heenan J stated in MONTEVENTO HOLDINGS PTY LTD -v- SCAFFIDI HOLDINGS PTY LTD [No 2] [2010] WASC 180 at [25]:

This separate legal identity of a corporation is basic in company law and has long been established. Its origins antedate the decision of Salomon v Salomon & Co Ltd [1897] AC 22; [1895 – 9] All ER Rep 33. It has been recognised repeatedly at the highest level, for example, in Hobart Bridge Co Ltd v Federal Commissioner of Taxation [1951] HCA 33; (1951) 82 CLR 372; (1951) 25 ALJR 225; and Hamilton v Whitehead [1988] HCA 65; (1988) 166 CLR 121. A company as a separate legal entity is not to be regarded as an agent for its controller – Industrial Equity Ltd v Blackburn [1977] HCA 59; (1977) 137 CLR 567; (1977) 17 ALR 575; and Walker v Wimborne [1976] HCA 7; (1976) 137 CLR 1; (1976) 50 ALJR 446.