Whether Joint Hindu Family/Hindu Undivided Family:
A Hindu Undivided Family is a family body rather than a separate juristic person like a company. When its karta enters a partnership, the karta is the partner in the eyes of…
Choose your answer
Whether Joint Hindu Family/Hindu Undivided Family:
Answer and explanation
Correct answer C
A Hindu Undivided Family is a family body rather than a separate juristic person like a company. When its karta enters a partnership, the karta is the partner in the eyes of partnership law, even if the family is entitled to the benefits internally. Recognition of the HUF for a particular statutory purpose does not turn it into a corporate person.
Practice for these exams
-
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
Delhi Judicial Services
-
CUET PG Law (LL.M.)
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision