Indian Polity · Polity

Consider the following statements regarding juristic personality under Indian constitutional law: I. Any statutory authority exercising coercive sovereign functions is automatically treated as a juristic person, even if its parent Act does not expressly confer the capacity to sue or be sued. II. An entity classified as 'State' under Article 12 is deemed to possess legal personality equivalent to a corporation, and therefore inherently enjoys the right to initiate legal proceedings in its own name. How many of the above statements are correct?