Business Studies, asked by mohdtahir8630, 6 months ago

Explain duties of karta.


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Answered by Anonymous
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It is so concluded that the karta holds the position of the manager or guardian in the Hindu Undivided Family. He does not acts as a trustee or agent. He not only holds the power of management but also to manage accounts, provide maintenance, enter into contracts, take loans or pay debts for which he has a wider power.

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