only the karta have unlimited liability in HUF. explain
Answers
Answered by
1
Explanation:
Only the Karta has unlimited liability in HUF. ... In the case of HUF, if the business suffers from losses, then losses can be recovered from Karta's personal property. The co-partners are responsible to bear the losses upto the extent of their share on profit.
Similar questions
English,
3 months ago
Computer Science,
3 months ago
Social Sciences,
6 months ago
Math,
11 months ago
English,
11 months ago