who is the manager of the joint hindu family business ? what are his right?
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The joint hindu family is a distinct form of organisation peculiar to india it does not have any separate and distinct legal entity from that of its member the business of joint hindu family is controlled under hindu law
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Answer:
Karta (eldest member of family) is the manager of the joint hindu family business. They have the rights of controlling over income and all the expenses of family.
Explanation:
Karta is responsible for maintenance of family members and keeping a proper financial account. Karta can take any decision without taking suggestions from any member of a family and such decisions should be beneficial for a family. The joint Hindu family business only found in India and it is special type of organization.
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