Question

what is called karta in organisation of commerce ​

Answer 1

Answer:

Karta and Co-parceners: - The senior most member of the Hindu Joint family becomes head of the firm who manages the business on behalf of the other members. He is known as Karta. Joint Ownership: - The property of a Hindu business is jointly owned by the three generations.

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Answer 2

Karta and Co-parceners: - The senior most member of the Hindu Joint family becomes head of the firm who manages the business on behalf of the other members. He is known as Karta.

Joint Ownership: - The property of a Hindu business is jointly owned by the three generations.

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