Quick Answer: What is the position of Karta of Hindu joint family?

The senior most male member of the Hindu joint family is usually the Karta or head of the family. Often Karta is called Manager of the joint family, this is when there exists a family business or if it is a trading family, there has to be a manager to take care of the proper functioning and supervision of the business.

What is the position of Karta of joint family property?

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.

Who is Karta and what is his position?

Characteristics of Karta

His position is independent and no one can be compared with him among the family members. He had unlimited power but even if he acts on behalf of other members, he can’t be treated as a partner or agent. He controls all the affairs of the family and has wide powers. He is responsible to no one.

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What is the place of Karta in HUF?

Who is the Karta of an HUF? The head of a HUF is called the Karta, he is the senior-most male member of the family.

Who becomes Karta in Joint Hindu family?

The senior-most male member of the Joint Hindu Family is considered as the Karta of family and he has infinite powers and control over the business. But the main drawback is the unlimited liability associated with the position i.e. his personal assets can be used to payoff the debts, if need arises.

Who is the head of joint family?

The family is headed by a senior person called a ‘Karta’, usually the oldest man, who makes decisions on economic and social matters on behalf of the entire family.

Why is the position of Karta called sui generis?

In a Hindu Joint Family, the Karta or Manager occupies a pivotal and unique place in that there is no comparable office or institution in any other system in the world. His office is independent of any other and hence his position is termed as sui generis.

Who is Karta of joint family?

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. Coparcener is a term used for a person who assumes a legal right in parental property by birth only.

Who is Karta answer?

Answer: Karta means the manager of a 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.

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When can Karta alienate joint family?

With the consent of all adult co-partners in existence at the time of such alienation, the Karta may alienate the joint family property, regardless of the legal requirement or value of the estate.

Who can be HUF Karta?

Earlier only a male member of the family who was treated as a coparcener, could become Karta of an HUF but after the amendment of Hindu Succession Act in 2005, daughters have been put on par with sons making them also coparceners. So after the amendment a daughter can also become Karta of an HUF.

Can there be two Karta?

There is no restriction on one person becoming Karta of more than one HUF. Since only a coparcener can become Karta of an HUF and since you are a coparcener of both the HUF, you can become and remain Karta of both the HUF at the same time.

What is the difference between Karta and Coparcener?

The Karta is the absolute manager of family property and this right cannot be challenged in the court of law. Coparceners can only seek partition, in case of a disagreement. Members, on the other hand, cannot seek partition but are entitled to get their due share, as and when the partition takes place.