Question

Karta is the most active member in a Joint Hindu Family Business.He is too powerful to ruin the business.Comment​

Answer 1

Explanation:

Karta is the most active member in a Joint Hindu Family Business . The right to manage the business vests in Karta alone . He has the implied authority to obtain loans through mortgages etc . For the purpose of the business . His decisions are binding on other members . Other members have neither any right to manage the affairs of business nor any right to take loans on mortagage of business property. <br> But if Karta is inefficient and incapable for managing the business , he may ruin the business . The decisions of such a person (Karta) may not be acceptable to other members , which may cause conflicts , resulting in the break-down of the family business .