1.

What are the feautres of hindu undivided family?

Answer»

1) Hindu UNDIVIDED family is a UNIQUE type of business entity.
2). It is governed and dictated by the Hindu Law
3). The formation of hindu undivided family does not need documentation and admission of any new members
4). The ELDEST member of the family is the head of HUF, called “Karta”
5). At the death of karta, the next eldest member will become the karta
6).karta CONTROL all the liabilities



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