Business Studies

Who has the power to transfer the joint property of HUF so as to bind the interest of both adult and minor coparceners?


ANSWER

Karta of HUF


SOLUTION
The joint Hindu Family Business is normally managed by the senior member of the family and he is known as Karta. All the necessary powers, rights and responsibility to carry on the business is in the hands of the Karta.
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Single Correct Medium Published on 18th 08, 2020
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