Concept of ownership under jurisprudence

Jurisprudence- concept of ownership.

1. CONCEPT OF OWNERSHIP PRESENTED BY – SREELAKSHMI k BBA LL. B, THIRD SEMESTER ROLL NUMBER - 28

2. OVERVIEW DEFINITION OF OWNERSHIP ELEMENTS OF OWNERSHIP SUBJECT MATTER OF OWNERSHIP MODES OF ACQURING OWNERSHIP TYPES OF OWNERSHIP

3. Au stin’s definition - Ownership means a right which avails against everyone who is subject to the law conferring the right to put thing to user of indefinite nature. Salmond’s definition - Ownership, in its most comprehensive signification, denotes the relation between a person and any right that is vested in him. That which a man owns is in all cases a right. Holland - De fines ownership as “a plenary control over an object”. According to him, an owner has three kinds of powers, they are – possession, enjoyment and ownership. Definition of ownership

4. Elements of ownership Ownership is indefinite in point of user Ownership is unrestricted in point of disposition The owner has the right to possess the thing which he owns The owner has the right to exhaust the thing while using it Ownership has residuary character The owner has the right to alienate or destroy the thing he owns

5. Subject matter of ownership Material objects like land, chattels, etc. Wealth and assets of a person Intellectual property like patents, copyrights etc.

6. Modes of acquiring ownership Original – Res nullius, accession, occupation and specification Derivative – From previous owner

7. Types of ownership

8. To sum up, this presentation has discussed the concept and definition of ownership by various jurists, the elements of ownership, the modes of acquisition, and the various kinds of ownership. Ultimately, the concept of ownership is not a static or isolated one; it is intertwined with how societies organize and govern themselves. It influences our daily lives, economic structures, and the pursuit of justice. Conclusion

9. Thank You ! Submitted by Sreelakshmi K, BBA LL. B, Third Semester Roll Number 28