Abstract

Ownership is one of the most important concepts of Jurisprudence. It is a very important right in relation to one’s property. This concept evolved with the evolution of civilization and society. It is a very important concept in both legal and social interest aspects of the society. The word ‘Own’ in the term Ownership means to have a hold on something. A relationship between a person and an object he owns is called ownership. It means a bundle of rights which a person has over the object. The right of ownership can either be absolute or restricted and is residuary in nature. The owner has the complete right to dispose and destroy the property. The concept of Ownership differs for the Roman law, English Law or the Hindu Law. The Right of Ownership includes various other rights in it such as the right of possession of the property, the right to enjoy the property and also the right to dispose or destroy of the property.

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