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JURISTIC PERSONSociology Index, Sociology Books 2011 The term 'juristic person' includes a firm, corporation,
union, association, or other organization capable of suing and being sued in a court of
law." Juristic persons are entities other than human beings on
which the law bestows legal subjectivity. This does not mean that they assume the guise of
natural persons, but that the law for the sake of economic or social expediency recognises
a thing or community or group of persons as having legal personality and therefore the
capacity to be the bearer of rights and duties and the ability to participate in the life
of the law in its own name. They are called juristic persons because it is the law that
accords them the status, in certain respects at least, of persons: they are artificial
persons created by the law. Juristic Person is the legal concept that corporations are liable to the same laws as natural persons. Treating corporations as individuals or juristic persons
raises practical difficulties for legal enforcement and punishment.
The Judgment of the Supreme Court of India, passed in a case titled S.G.P.C.
Amritsar versus Shri Som Nath and others, held "Guru Granth Sahib a Juristic
Person." |
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