What liability does Karta have in joint Hindu family?

The Karta of the Hindu Joint Family is liable to maintain all the members of the joint family. All the members of the Joint Hindu Family have a right to maintenance and residence. If the Karta is unable to maintain them he can be sued for the same and the member can claim their arrears of maintenance.

What is Karta liability?

1) Liable to maintain:- Karta is responsible to maintain all the members of joint family. If he improperly excludes any member from maintenance, he can be sued for maintenance and also arrears of maintenance.

How is liability of Karta different from a co Parcener?

According to it the business is owned and managed by the karta, the head of the family and the members of the family are its co parceners. Hence, the head of the family business is called as karta. The liability of coparcener is limited whereas the liability of karta is unlimited.

What type of responsibility of the Karta of HUF is?

Manager – Property belonging to a joint family is ordinarily managed by the father or other senior member for the time being of the family: The Manager of a joint family is called Karta. In a HUF, the responsibility of Karta is to manage the HUF property. He is the custodian of the income and assets of the HUF.

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Can a female be a Karta?

The head of a HUF is called the Karta, he is the senior-most male member of the family. … Until January 2016, a woman could not be the HUF Karta. But in a landmark case, the Delhi High Court ruled in favour of a female being the Karta of a HUF. However, the same has not been incorporated in the Income Tax Act as yet.

Who Cannot be a Karta?

2. Junior male member: In the presence of a senior male member, a junior male member cannot be the Karta. However, with the consent of all the coparceners, a junior male member can be appointed as a Karta.

Can one person be Karta of 2 HUF?

Thus, it is possible a person can be Karta in two HUF. … Till your father’s HUF is partioned you can continue to be be the karta of the said HUF, if you are the eldest son otherwise the eldest son shall be the karta. So you can be karta for 2 HUFs.

Who can become Karta?

The word karta refers to the eldest male coparcener of a HUF. Post the 2005 amendment to the Hindu Succession Act, 1956, wherein equal coparcenary rights were granted to both sons and daughters of a coparcener, the eldest coparcener of an HUF can be regarded as the karta.

Why should Karta be unlimited liability?

Karta are the main owner of the joint hindu family. They are responsible for decision making and have every responsibility. Work has been divided in these type of business and only profit are shared in whole family.. … Karta take loan for business and hence he has unlimited external liability…

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Is wife of Karta a Coparcener?

A wife of a coparcener or karta is only a member (who has limited rights and no ownership of the underlying property at birth), and does not qualify to become a coparcener. … Hence, the widow of a karta can manage the properties of her husband’s HUF if all the other coparceners are still minors.

Is Karta a Coparcener?

Under the Indian succession laws, a Hindu Undivided Family (HUF) consists of coparceners and members. The eldest coparcener of the HUF is the Karta of that family, who acts as the head and is responsible for managing its affairs, legal and financial.

Can a Karta of joint family gift Coparcenary property?

Usually, an individual Coparcener, including the Karta, lacks the capability to dispose of the joint family property without obtaining the consent of all other Coparceners. However, according to the Dharmashastra, any family member is empowered to alienate the joint family property.

What are the qualities of Karta?

10 General Powers of a Karta of Hindu Joint Family

  • (1) Power over income and expenditure:
  • (2) Power to manage joint family business:
  • (3) Power to contract debt for family purposes:
  • (4) Power to Enter Into Contract:
  • (5) Power to Refer to Arbitration:
  • (6) Power to Enter Into Compromise:
  • (7) Power to Give Discharge:

What happens if Karta of HUF dies?

The Karta is traditionally the senior most male coparcener of the HUF. When Karta of the HUF dies, the next senior male member takes over as Karta. … As per Hindu Succession (Amendment) Act, 2005 the daughters of a family who are governed by Mitakshara Law, also become co-parceners in the HUF property.

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What are unique qualities of Hindu joint family?

Joint family has the following features or characteristics.

  • (1) Large in Size:
  • (2) Joint Property:
  • (3) Common Kitchen:
  • (4) Common Residence:
  • (5) Common Worship:
  • (6) Similar rights and obligations:
  • (7) Close blood ties:
  • (8) Absolute power of the head:
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