What is meant by juristic person?

What is meant by juristic person?

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.

What is difference between natural person and juristic person?

Natural Person is a human being and is a real and living person. Legal Person is being, real or imaginary whom the law regards as capable of rights and duties. 2. He has a power of thought, speech, and choice.

What are the rights of a juristic person?

(4) A juristic person is entitled to the rights in the Bill of Rights to the extent required by the nature of the rights and the nature of that juristic person. 9. (1) Everyone is equal before the law and has the right to equal protection and benefit of the law.

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.

What is a juristic person and examples?

A juristic person has a seperate legal personality from the persons who created it. Thus for example, a company can sue in its own name; a mutual society would have rights and obligations seperate from its members; A university could have duties towards its employees…etc.

Who is a 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.

What are the examples of juristic person?

Is a juristic person a legal subject?

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.

Is a company a juristic person?

A company is defined in section 1 of the Companies Act as a juristic person incorporated in terms of the Act and in terms of section 19(1)(b) of the Companies Act, a company is a legal person with separate legal personality.

What do you mean by juristic person explain with suitable example?

A juridical person is a non-human legal person that is not a single natural person but an organization recognized by law as a fictious person such as a corporation, government agency, NGO or International (inter-governmental) Organization (such as United Nations).

Do juristic persons have constitutional rights?

Juristic persons are also entitled to the fundamental rights contained in the Bill of Rights to the extent that these rights are applicable to them. It must be kept in mind that juristic persons have peculiar characteristics and that the fundamental rights of juristic persons differ from those of natural persons.

Why is a company a juristic person?

A company is a separate legal person, distinct from its shareholders and directors. From the date that the company has been registered, it has all the legal powers and capacity of an individual, except to the extent that a juristic person is incapable of exercising any such power or having such capacity.

Is Mr and Mrs A juristic person?

‘Mr. & Mrs. Esan is not a juristic person capable of suing and of being sued eo nomine.

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.

Is a partnership a juristic person?

Unlike trusts, companies and close corporations, which are considered ‘legal or juristic persons’, a partnership is not, and there are no formalities required in order to set up a partnership.

Is a ministry a juristic person?

Specifically, that Ministry is not juristic person which is capable of being sued or suing.

Why is a partnership not a juristic person?

Why is a partnership not a legal entity?

A Partnership is not a separate legal entity, except for certain purposes. A Partnership is established by partners signing or entering into an agreement and that is why it is not a legal entity. If one of the partners dies, the Partnership dissolves.

What is a non juristic person?

A non-juristic person can neither sue nor be sued for want of capacity.