liabilite of karta
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Answer:
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Explanation:
The Karta of the family has unlimited liability, also he is not responsible to any member of the family except in case of fraud or misappropriation. Although the senior-most male member of the family is the Karta, a junior member can also become the Karta if all the coparceners agree to it.
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Answer:
In a HUF business, the liability of the karta is unlimited. The affairs of the business are managed by the head of the family, known as karta. In a Hindu Undivided Family business only the male members get a share in the business by virtue of their being part of the family.
Explanation:
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