On The Reverse Of The Company's Veil

China's Company Law has stipulated the system of the denial of the corporation personality or piercing the veil of corporate,which is the first country to expressly provide for this system in its law.In practice,shareholders transfer their own properties to the corporate to evade their own personal debts.The solution to solve the problem is the reverse piercing of the corporate's veil,namely under certain conditions,the independent personality of company and shareholders as a whole,the company responsible for the debts of the shareholders.I will give the external reverse piercing the corporate veil a more detailed discussion,about its legal meaning and legal application in especial.And I will take article 20 and 63 of the revised Company Law for an in-depth elaboration,to explore their meaning deeply.