Question

Who is Karta? Explain any four features of the Hindu Joint Family Business Act 1956.​

Answer 1

Explanation:

(11) Rights of Karta:The Karta can give receipts, make contracts and draw bills, but he cannot give up debts already due to the Joint Hindu Family Business. He had the authority to sale or mortgages the property of Joint Hindu Family while conducting the business of the firm.

Answer 2

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(11) Rights of Karta:The Karta can give receipts, make contracts and draw bills, but he cannot give up debts already due to the Joint Hindu Family Business. He had the authority to sale or mortgages the property of Joint Hindu Family while conducting the business of the firm.