Question

explain Karta in business.......​

Answer 1

Answer:

The term karta is used for the head of a joint Hindu family who runs a family business. The karta of a Joint Hindu family is responsible for carrying out the business operations of the family business and exercising full control over the business.

Hindu Undivided Family business is a precise kind of business structure found only in India. ... The business is managed by the head of the family (eldest member) and he is called Karta. However, all the members hold equal ownership over the property of an ancestor and they are called as co-parceners.

Explanation:

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Answer 2

Answer:

Hindu Undivided Family business is a precise kind of business structure found only in India. ... The business is managed by the head of the family (eldest member) and he is called Karta. However, all the members hold equal ownership over the property of an ancestor and they are called as co-parceners.

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