The Law on Lifting the Veil of Incorporation

You own a company X and it is run by an MD you pay every month. You decide to close the company down, but in the process of winding it up, you find out that the MD did very many wrong things, including misusing some of the company money to buy his own personal things. How do you pursue the MD? How can you lift the veil of incorporation? What is Lifting the Veil of Incorporation? When can the Veil of Incorporation be lifted? Why would it be lifted? What happens when it is lifted? Do not hesitate to contact me in case of any questions or comments at [email protected].