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Legal person
(redirected from legal persons)

    Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
(Law) an individual or group that is allowed by law to take legal action, as plaintiff or defendent. It may include natural persons as well as fictitious persons (such as corporations).
- Blackstone.

See also: Person



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The UN Convention Against Corruption was ratified by Cyprus in 2008 but in June this year, the European Council's GRECO (Group of States against Corruption) group recommended that the island "strengthens the sanctions applicable to legal persons (companies) convicted of crimes of corruption" so that they become more effective and pre-emptive.
Bill hopes to shut down corrupt companies by Cyprus Mail (Cyprus)
Because the majority of private legal persons are companies, the detailed liquidation procedure is laid down in the Law on Companies.
Liquidation of a company by Matiukas, Marius / The Baltic Times (Riga, Latvia)
This policy should envisage, in particular, effective measures that discourage the misuse of legal persons for purposes of corruption and related offences.
GUIDELINES IN FIGHTING CORRUPTION - by Hemant Batra by Hemant K. Batra / Automotive community
 
 
 
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