The term “juristic person” includes a firm, corporation, union, association, or other organization capable of suing and being sued in a court of law. …
What is the meaning of a juristic person?
A juridical or artificial person (Latin: persona ficta; also juristic person) has a legal name and has certain rights, protections, privileges, responsibilities, and liabilities in law, similar to those of a natural person. The concept of a juridical person is a fundamental legal fiction.
What are examples of juristic person?
Juristic Person means a partnership, association, trust, body corporate, company, close corporation or other legal or juristic person; Sample 2.
What is natural person and juristic person?
All human beings are referred to as natural persons and are thus legal subjects. Juristic persons, however, can be defined as certain associations of natural persons, such as companies and universities. 3 They are viewed as entities and are also considered to be “persons” and thus legal subjects in terms of the law.
What is juristic person in jurisprudence?
Juristic persons are also defined as those things, mass of property, group of human beings or an institution upon whom the law has conferred a legal status and who are in the eye of law capable of having rights and duties as natural persons.
Is a school a juristic person?
In terms of section 15 of the Schools Act, a public school is a legal person (“juristic person”) with legal capacity to perform its functions under the Act. According to its legal personality, the school is a legal subject and has the capacity to be a bearer of rights and obligations.
Is society a juristic person?
A Society registered under the Societies Registration Act is not a body- corporate as is the case in respect of a company registered under the Companies Act. In the view of the matter, a Society registered under the Societies Registration Act is not a juristic person.
Who is juristic person in India?
Juristic Person Meaning. A juristic person is a non-human legal entity recognized by the law and entitled to rights and duties in the same way as a human being.
Is a business name a juristic person?
While some had maintained that a Business Name can only sue or be sued through the Proprietors as it is neither a legal nor juristic person and therefore cannot sue or be sued. Others have maintained a firm position that Business Names can sue and be sued provided the Rules of Court permits.
Is a bank a juristic person?
‘The Bank is a legal person and is, in its corporate capacity, capable of suing and being sued and is, subject to the provisions of this Act, capable of purchasing or otherwise acquiring, holding or alienating property, movable or immovable, and of performing such acts as legal persons may generally by law perform. ‘
What is a juristic person in South African law?
A juristic person is a social entity, a community or an association of people which has an independent right of existence under the law. It can be ‘the bearer of judicial capacities and subjective rights,’ and the accompanying legal entitlements and obligations, just like a natural person.
Is a trust a juristic person?
A trust is a legal entity which is created to hold assets for the benefit of certain persons or entities. It is not a juristic (legal) person but there are times when, in terms of certain statutes, a trust is regarded as having a separate legal identity (for example for tax purposes in terms of the Income Tax Act).
Can a juristic person be a citizen of India?
1963 S.C. 1811, it was held that the word “Citizen” is intended to refer only to natural persons. Therefore, a juristic person like a company can not claim the status of citizenship for the purpose of invoking fundamental rights under Part III under the Constitution.
Is mosque a juristic person?
While courts have held that mosques are separate judicial entities, the privy council has an opposing view. It states that mosques are not separate legal beings and thus cannot be sued.
Is state a juristic person?
State: state is a juristic person. It can sue and can be sued. Article 300 of the Indian Constitution provides; The Government of India may sue or be sued by the name of the Union of India and the Government of State may sue or be sued by the name of the State …..
Who is called the person?
1. Person, individual, personage are terms applied to human beings. Person is the most general and common word: the average person. Individual views a person as standing alone or as a single member of a group: the characteristics of the individual; its implication is sometimes derogatory: a disagreeable individual.