wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Name the Head of Joint Hindu Family Business.

Open in App
Solution

Karta :-
Karta means manager of joint family and joint family properties. He is the person who takes care of day to day expenses of the family looks after the family and protects the joint family properties. It is a presumption that ordinarily senior most male member is the Karta and Karta is always a member in the family no outsider or stranger can become a Karta.

The senior most male member so long as he is alive may be, aged, infirm or ailing continues as Karta. By his death Kartaship will pass on to next senior most male member. In the presence of senior most male member a junior cannot act as Karta but if all coparcener agree, a junior also can become a Karta. Karta owes his position by consent or agreement of all coparceners.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon