the member of joint hindu family business
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It is administered by the Hindu Law. The source of membership in the company is birth in a family and 3 consecutive generations can be members of the company. The business is managed by the head of the family (eldest member) and he is called Karta.
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Explanation:
It is administered by the Hindu Law. The source of membership in the company is birth in a family and 3 consecutive generations can be members of the company. The business is managed by the head of the family (eldest member) and he is called Karta.
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