Scribd Logo
Upload

Welcome to Scribd!

  • Muhammad Rashid Aziz

    Uploaded by

    ualii
    9 views8 pages
    The concept of legal person can be admitted but in limited serene.as for as the concept of limited liability is concern, this is totally against the spirit of justice and morality in case of default.so can be called as disapproved by Islam.

    Original Description:

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The concept of legal person can be admitted but in limited serene.as for as the concept of limited liability is concern, this is totally against the spirit of justice and morality in case of default.so can be called as disapproved by Islam.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views8 pages

    Muhammad Rashid Aziz

    Uploaded by

    ualii
    The concept of legal person can be admitted but in limited serene.as for as the concept of limited liability is concern, this is totally against the spirit of justice and morality in case of default.so can be called as disapproved by Islam.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    Presentation

    Legal person
    Submitted to:. Sir Akbar Khan Submitted by:. Muhammad Rashid Aziz Roll No. 1687 (B) International Islamic University Islamabad
    Presented by Muhammad Rashid Aziz 1

    Meaning of legal person

    person having legal identity, who sue and can sued..

    the can be

    Presented by Muhammad Rashid Aziz

    Kinds of legal person


    Natural

    legal person Artificial legal person

    Presented by Muhammad Rashid Aziz

    Exceptions to natural legal person


    Junun

    (insanity) Ata (lunancy or insanity) Forgetfulness Safah Death illness Intoxication Taflis Coercian

    partial

    Presented by Muhammad Rashid Aziz

    Artificial legal person

    Concept in western law


    companies corporations state organs of state

    Presented by Muhammad Rashid Aziz

    Concepts in ISLAM

    Mufti Taqi Usmani Waqf Bait ul maal state

    Presented by Muhammad Rashid Aziz

    Criticism
    Limited

    liability Unjustice Fear of loss Clash in society Un specified principle debter

    Presented by Muhammad Rashid Aziz

    Conclusion

    As a personality the concept of legal person can be admitted but in limited serene.as for as the concept of limited liability is concern, this is totally against the spirit of justice and morality in case of default..so can be called as disapproved by Islam .
    Presented by Muhammad Rashid Aziz 8

    You might also like